What happened in this scam?
Wallet hacks and drainers occur when a victim inadvertently signs a malicious smart contract approval, visits a phishing site, or has their private seed phrase compromised. Automated drainer scripts sweep tokens and NFTs within seconds across multiple addresses.

When withdrawals are blocked and demands for fees begin.
Victims typically realise something is wrong when a platform demands unexpected “tax clearance fees” or “liquidity verification” before allowing withdrawals. While the dashboard numbers are simulated, where your actual cryptocurrency moved is permanently recorded on the blockchain.
How Fundoraid investigates wallet hacks & drainers
We do not rely on guesses or assumptions. We reconstruct the movement of funds directly from the public blockchain ledger.
We examine the compromised wallet address to identify the exact malicious contract or transaction that initiated the theft.
We follow the stolen tokens as drainer scripts route them through decentralized liquidity pools and bridges.
We trace the converted funds (usually converted to ETH or BTC) to destination endpoints to initiate recovery actions.
We advise on revoking active smart contract approvals to protect any future assets.
Real anonymised case example
Past case results do not guarantee identical outcomes, but demonstrate our forensic evidence process.
Malicious Permit Drainer Exploit
A cryptocurrency investor signed what appeared to be a standard Web3 login signature on a fraudulent portfolio tracker. Within two minutes, all tokens and liquidity positions were drained across 14 consecutive transactions.
Fundoraid identified the drainer contract address, mapped the conversion of altcoins via decentralized aggregators, and tracked the payout cluster directly to recipient endpoints.
Fundoraid initiated immediate recovery procedures against the recipient accounts, securing actionable intervention to recover the stolen assets.
Questions about wallet hacks & drainers
Clear, transparent answers without false promises.
Lost money to wallet hacks & drainers?
Share your transaction hashes or wallet address. We will trace where the cryptocurrency went, pinpoint recipient exchange accounts, and initiate recovery action.