New Scam Service Vanilla Drainer Steals Over $5 Million in Three Weeks

According to ChainCatcher, citing a report from Cointelegraph, blockchain investigation firm Darkbit has discovered that a new scam service called 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% commission from the proceeds. Vanilla has been active since October 2024, and its advertisements claim it can bypass the security detection platform Blockaid.

In the largest single theft on August 5, the victim lost $3.09 million in stablecoins, with the operator profiting $463,000. The stolen funds are typically converted into ETH or the non-freezable stablecoin DAI, and ultimately consolidated into 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.