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Angel Drainer upgraded, deploying 300+ malicious dApps in 4 days

Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it's easier to use and stealthier than ever before. 

The notorious crypto phishing toolkit Angel Drainer is back, this time with a new and improved version called AngelX which has already deployed hundreds of malicious apps, according to a new report from blockchain security firm Blockaid. 

In a Sept. 4 statement shared with Cointelegraph, Blockaid said the new AngelX system had already deployed 300 malicious decentralized applications (DApps) designed to steal digital assets from crypto users. 

Blockaid said one of the more worrying features of AngelX is its upgraded support for phishing apps targeting users on “newer, less mature blockchains,” including The Open Network (TON) and Tron network.

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Angel Drainer reportedly shuts down after devs potentially identified

Two hours after Match Systems claimed to have discovered the identity of Angel Drainer developers, users began complaining that the app no longer worked.

Notorious crypto phishing app Angel Drainer has reportedly been shut down by its developers after they were potentially identified, according to a July 16 report from blockchain security firm Match Systems.

Security analysts have previously blamed Angel Drainer for over $25 million in crypto losses from phishing scams.

Drainer programs are apps that allow phishing scammers to easily drain the wallets of crypto users by tricking them into accidentally making token approvals. In most cases, drainers are provided to scammers in exchange for a portion of the stolen loot the scammers acquire.

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