Guide
Crypto wallet drainers: how to spot one and what to do if you signed
Some links may earn us a commission at no cost to you, which helps keep these guides free and up to date.
Short answer: A wallet drainer is a fake crypto website that gets you to approve something in your wallet, and that approval lets the scammer move your coins. Only connect to sites you reached yourself, never approve a request you can’t read, and if you think you signed one, move what’s left to a new wallet and revoke approvals right away.
By Agent Lane Editorial · Page dated 3 November 2026
What is a crypto wallet drainer?
California’s DFPI describes drainers as tools scammers use to automatically empty a crypto wallet while the owner is using a malicious site posing as a real crypto project. The site doesn’t need your password. It needs you to press approve on one request in your wallet app.
MetaMask explains why this works: wallet requests are rarely written in plain language, so people think they are signing in, claiming a reward or listing an item, when the request actually gives the site permission to move their tokens.
How do people end up on a drainer site?
- Free tokens. The FBI warns about fake “airdrops” offered by email, on social media, or in a note attached to tokens that suddenly appear in your wallet. The link leads to a site that connects to your wallet or asks for your seed phrase.
- Surprise releases. The FBI also describes hacked or look-alike accounts of real projects posting a “surprise” or “limited supply” sale that links to a copy of the real site.
- Ads and look-alike addresses. MetaMask lists sponsored search results, hacked community chats and cloned apps with nearly identical web addresses.
- AI-made sites and chatbots. The FBI says scammers use AI to write content for fake crypto websites and put chatbots on them that push you to click.
What does a drainer request look like in my wallet?
It usually looks harmless. The button says “Connect,” “Verify,” “Claim” or “Sign in.” Three kinds of request can hand over control:
- A spending approval. It lets a site move a token from your wallet later. ethereum.org says these approvals don’t expire and stay in place even after you disconnect the site.
- A permission over a whole collection. It lets a site list or move every NFT you hold in that collection.
- A “signature” with no network fee. MetaMask says some of these are off-chain permissions a scammer can use days or weeks later, so losing nothing right away doesn’t prove you’re safe.
How do I avoid wallet drainers?
- Reach sites yourself. Type the address or use a bookmark. Don’t follow links from messages, ads or replies.
- Treat free tokens you didn’t ask for as bait. The FBI says to check any offer with the crypto provider before you accept it or give any information.
- Never type your seed phrase into a website. No real airdrop, mint or support check needs it. See never share a seed phrase.
- Reject what you can’t read. If a request asks for an unlimited amount, names an address you don’t recognize, or your wallet can’t show what it does, say no.
- Use a small separate wallet for new sites. Keep only what you’d be okay losing in it. See dedicated wallet.
- Keep savings on a hardware wallet such as Ledger or Trezor. It only helps if you read the request on the device’s screen before you press approve.
- Clear out old approvals. ethereum.org lists tools such as Etherscan and Revoke.cash to see and cancel them. Each cancel costs a small network fee.
- Don’t rely on warnings alone. MetaMask says some wallets now flag known drainers before you confirm, but a brand-new drainer may not be on any list yet.
What should I do if I signed something on a drainer site?
Move fast. Drainers can empty a wallet in seconds, but some wait.
- Move what’s left to a new wallet with a new seed phrase you created yourself. MetaMask notes these permissions apply only to the account that signed, so a fresh account is out of their reach. If you typed your seed phrase anywhere, treat every account in that wallet as compromised.
- Revoke approvals on the old wallet with a tool listed on ethereum.org, so tokens that arrive later can’t be taken.
- Write down the details: the site address, the transaction IDs, the addresses your crypto went to, and the times.
- Tell your wallet provider and report it to the FBI at ic3.gov, even if you didn’t lose anything. Full reporting steps: AI crypto scams: how to report.
- Ignore recovery offers. The FBI warns that people promising to recover stolen crypto, especially for an upfront fee, may be running a second scam.
Can I get crypto back from a wallet drainer?
Usually not. The FBI says crypto transfers can’t be reversed, and MetaMask notes that in the blockchain’s eyes you approved the transfer, so there’s nothing to undo. A report is still worth filing: transfers are recorded on public ledgers, which the FBI says lets law enforcement trace where the money went.
Sources
Checked 3 November 2026 on each organization’s own site.
- California DFPI — Crypto Scam Tracker and glossary
- MetaMask Help Center — Signature phishing
- MetaMask — What are token approvals?
- ethereum.org — How to revoke smart contract access to your crypto funds
- FBI IC3 — Cyber Criminals Defraud Hedera Hashgraph Network Non-Custodial Wallet Users Through NFT Airdrops Disguised as Free Rewards (3 Jun 2025)
- FBI IC3 — Criminals Pose as NFT Developers to Target Internet Users (PSA I-080423-PSA, 4 Aug 2023)
- FBI IC3 — Criminals Use Generative Artificial Intelligence to Facilitate Financial Fraud (PSA I-120324-PSA, 3 Dec 2024)
- FBI IC3 — Cryptocurrency crime information
Related guides
- Is it safe to share your crypto wallet address with an AI chatbot?
- Address poisoning: the crypto scam that hides in your wallet history
- How to tell if a crypto airdrop is a scam
- QR code scams and crypto: what to check before you scan
- Crypto recovery scams: when someone offers to get your money back
- Is this a crypto scam? 10-question checklist
- How to check if a crypto website is real before you connect your wallet
- AI crypto scams: how they work and how to protect your crypto
- Fake AI apps and browser extensions that steal crypto
- How to lock down your crypto exchange account
- Never share a seed phrase with an agent
- AI agent sent crypto by mistake: what you can and can’t undo
- Dedicated agent wallet
- AI agent spending limits: 3 caps to set
Get the daily roundup
The day’s useful AI agent news for small businesses, in plain language, by email. Free.