Fact-check findings
What an automated fact-checker found when it re-read wallet drainers against the sources the page cites. Only the most recent review is shown.
These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
1 claimThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #2[disputed][awaiting moderator]in the summary
“These sophisticated scam-as-a-service operations have stolen over $500 million in 2024 alone from hundreds of thousands of victims through fake websites masquerading as legitimate crypto projects.”
reviewerDrainers stole $500m+ from hundreds of thousands of victims; source counts wallet addresses, not peopleSummary says 'over $500 million' while the body and source say $494m; also conflates addresses with victims. Timeline entry has the same victim wording.Proposed correction (not yet applied)These sophisticated scam-as-a-service operations have stolen about $494 million in 2024 alone from roughly 332,000 wallet addresses through fake websites masquerading as legitimate crypto projects.
unverifiable
2 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #6[unverifiable][awaiting moderator]in section: Major Drainer Operations
“The criminal group Pink held 28% of the market in 2024 until it announced its exit in May.”
reviewerInferno held 40-45% and Pink 28% market share in 2024Cointelegraph has no market share figures; Moonlock not fetched. Market-share claims are not checked. - #10[unverifiable][awaiting moderator]in section: Law Enforcement Response
“Law enforcement and cybersecurity firms are getting better at catching cyber crooks, with some experts believing drainers are shutting down because they have earned too much.”
reviewerLaw enforcement section rests on a single Medium post of credibility 3 and mixes in a claim that experts believe drainers shut down because they have earned too muchNot checked against the Medium post and no independent source found. Cointelegraph supports the idea that analysts see shutdowns as possibly temporary.
partially supported
3 claimsThe cited evidence supports part of the claim but not all of it.
- #3[partially supported][awaiting moderator]in the timeline
“Wallet drainers steal $494 million from 332,000 victims in 2024”
reviewerTimeline: $494 million from 332,000 victimsAmount correct; unit is addresses. - #5[partially supported][awaiting moderator]in the timeline
“2024-05-31”
reviewerTimeline day precision for Pink retirementSource gives only the month; the day is unsupported. - #7[partially supported][awaiting moderator]in section: Law Enforcement Response
“Inferno's latest shutdown was announced days after Tether froze three wallets on Oct. 16, suggesting some enforcement actions have been taken.”
reviewerTether froze three wallets Oct 16 and Inferno announced shutdown days later (Oct 19), handing services to AngelFacts match, but the section cites only a Medium post, not Cointelegraph. Year (2024) is not in the source text I saw.
confirmed
4 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: Scale of Impact and Financial Losses
“Scam Sniffer claims that threat actors used wallet drainers to steal $494m from victims in 2024, representing a 67% annual increase from the previous year.”
reviewerScam Sniffer: $494m stolen via drainers in 2024, up 67%, from 332,000 wallet addresses, up 3.7%Figures match the cited article. - #4[confirmed][no action needed]in section: Major Drainer Operations
“Pink Drainer announced its retirement in May 2024, after amassing about $85 million from more than 21,000 victims.”
reviewerPink Drainer retired May 2024 after about $85M from 21,000+ victimsConfirmed. The timeline date 2024-05-31 is an invented day; source says only May 2024. - #8[confirmed][no action needed]in the timeline
“Inferno Drainer announces retirement after stealing over $80 million”
reviewerInferno retirement announced Nov 2023 after $80M; page treats it as definitiveAnnouncement is confirmed. The page omits that the service kept operating (see omissions). - #9[confirmed][no action needed]in the timeline
“Monkey Drainer shuts down, next batch of drainers emerge including Inferno and Pink”
reviewerMonkey Drainer shut down March 2023Matches.