Developers behind Pink Drainer, a notorious wallet drainer service implicated in the theft of over $75 million in assets, have decided to wind down their operations. “We have reached our goal and now, according to plan, it’s time for us to retire,” the devs claimed in a Telegram announcement, first reported by on-chain detective ZachXBT. The developers added, “After this message’s publication, we will begin winding down all of our infrastructure. All stored information will be wiped and securely destroyed.” Pink Drainer is a software kit that cybercriminals employ to steal cryptocurrency assets by exploiting technological flaws that rely primarily on social engineering techniques and phishing URLs. Such scams use malicious phishing sites to deceive users into signing transactions that deplete their wallets of cryptocurrencies and NFTs.