Vanilla Drainer Steals $5 Million in Three Weeks, Driving Surge in Crypto Scams

A new cryptocurrency scam service known as Vanilla Drainer has been responsible for at least $5.27 million in stolen funds in the last three weeks, raising concerns about the growing threat of crypto drainers. Blockchain investigator Darkbit attributes this spike to its ability to offer sophisticated tools to fraudsters. Vanilla’s rise in popularity is a concerning trend, as it’s part of a new generation of draining services that have largely flown under the radar despite high-profile incidents.