The new scam service Vanilla Drainer has defrauded over 5 million dollars in three weeks

ChainCatcher news, according to Cointelegraph, the blockchain investigation agency Darkbit has discovered that a 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. 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 operators profited $463,000. The stolen funds are typically converted into ETH or unfreezable stablecoin DAI, ultimately pooling 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.