Crypto scammers have begun abandoning the TON blockchain in search of new opportunities as the network has become less favorable for their schemes. These scammers, notorious for using wallet drainers, typically lure unsuspecting investors into traps via phishing links, stealing their cryptocurrency.
According to Scam Sniffer, a tool that helps users avoid phishing sites and wallet drainers, a TON wallet drainer announced its service shutdown. The operator cited a shortage of whales on the TON network as the reason for this decision. With the exit from the TON ecosystem, the wallet drainer has shifted its focus to the Bitcoin blockchain, which is expected to provide greater opportunities for theft.
The interest in the TON blockchain among wallet drainers peaked during a period of increased network value, spurred by clicker and tap-to-earn games like Notcoin and Hamster Kombat, which boosted daily active addresses. Scammers exploited the TON's comment feature to deceive potential victims, making it easy for them to execute fraudulent transactions.
As the TON wallet drainer exits the scene, the cryptocurrency community is left to grapple with the aftermath of these scams and the ongoing evolution of security measures.