The new scam service Vanilla Drainer has defrauded over $5 million in three weeks.
According to Cointelegraph, the blockchain investigation agency Darkbit discovered that the new scam service Vanilla Drainer has stolen at least $5.27 million in cryptocurrency within three weeks. The organization assists fraudsters in stealing funds by providing phishing software and takes a 15%-20% cut from the proceeds.
Vanilla has been active since October 2024, with advertisements claiming it can bypass the security detection platform Blockaid.
In the largest single theft case on August 5, victims lost $3.09 million in stablecoins, while the operator profited $463,000.
The stolen funds are typically converted into ETH or unfreezable stablecoins like DAI, ultimately accumulating in a specific fee wallet, which currently holds tokens worth $2.23 million. Vanilla evades tracking by creating new contracts for each malicious website and frequently changing domain names.
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