Railgun Blocks Inferno Drainer’s $533K Laundering Attempt with New Privacy Protocol

Crypto privacy protocol Railgun has successfully thwarted Inferno Drainer’s recent attempt to launder stolen funds. On July 10, MistTrack reported on X that Railgun had blocked a July 9 attempt to launder over 174 Ether (approximately $533,000). This forced the stolen ETH to be returned to Inferno’s original wallet address. Alan Scott Jr, a Railgun contributor, explained to Cointelegraph that Inferno’s attempt to exploit the Ethereum-based privacy protocol was halted by Railgun’s automated private proofs of innocence (PPOI) system. Scott said, “The tokens could only return to the attacker’s address — they were not welcome in RAILGUN.” He elaborated that

Source: CryptoIntelligence