In a recent announcement, the infamous hacking group Pink Drainer declared its intention to shut down operations after allegedly amassing over $75 million through fraudulent activities. This declaration marks a significant moment in the ongoing battle against cybercrime within the cryptocurrency industry. Pink Drainer administrators stated that the group has achieved its goals and will methodically dismantle all its infrastructure, ensuring that stored information is erased and destroyed. They cautioned users to be vigilant against impostors, specifying that any future communications not signed by their known wallet addresses (0x636/0x9fa) should be disregarded as fraudulent.