Cryptocurrency Q&A
What is a crypto drainer & how does it work?
What is a crypto drainer & how does it work?
ShintoBlessing
Tue Feb 18 2025
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6
answers
1786
A crypto drainer is a malicious tool designed to steal cryptocurrency from victims' wallets. It works by transferring or redirecting funds to attacker-controlled accounts. These tools are often provided through Drainer-as-a-Service platforms, which offer software and support to cybercriminals in exchange for a percentage of the stolen funds.
6 answers
Caterina
Thu Feb 20 2025
They are presented with a transaction created by a crypto drainer.
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Daniela
Thu Feb 20 2025
This transaction is designed to lure them into signing it.
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Martino
Thu Feb 20 2025
Once signed, funds can be transferred directly to the scammers' wallets.
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Raffaele
Thu Feb 20 2025
Crypto owners may unknowingly encounter a deceptive practice.
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Eleonora
Thu Feb 20 2025
Scenarios exist where the transfer is more complex.
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