The Vanilla Drainer scam service has reportedly stolen at least $5.27 million in cryptocurrency within three weeks, according to blockchain investigators. This new group is part of the 'drainer' trend where fraudsters use software combined with phishing to obtain victims' funds. The largest theft linked to Vanilla occurred on August 5, with operators reportedly taking a $463,000 fee for their services. Although draining scams peaked in 2024, recent activities from Vanilla show that draining remains prevalent, with $7.09 million stolen in July alone. Blockchain investigator Darkbit highlights that Vanilla Drainer employs tactics like cycling through domains to evade detection, showing a disturbing adaptability. Despite several draining services closing due to increased security measures, Vanilla has quickly positioned itself as a significant force in crypto crime. This rise suggests that while some draining services may temporarily cease operations, they often rebrand or pass their tools to new operators, maintaining their operations under different names.

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