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How I Lost $115,000 to Crypto Drainers

brevz

Crypto Compliance Officer
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So, yeah… this is one of those “learn from my mistakes” posts because I’m still reeling from what happened. A few years back, I thought I was untouchable in the crypto game. Fast-forward to now, and I’ve lost $115,000—gone in an instant—because of crypto drainers. Let me explain what happened so you can avoid falling into the same trap.
If you’ve never heard of a crypto drainer, let me break it down for you. It’s a three-step hack that happens fast: i want to post this on redit
You click a link.
You connect your wallet.
You sign a message. And just like that—boom—your funds are drained.
For me, it started when I came across what seemed like a great opportunity—a boosted post on social media about an airdrop, claiming I could get free tokens. It looked legit and was perfectly targeted to someone like me, a gamer and crypto enthusiast. Without thinking too much, I followed the link, connected my wallet, and signed the request. Nothing seemed off at first.
Then I refreshed my wallet… and my entire balance was gone. Every single token I had worked so hard to earn—wiped out.
Confused and panicked, I started digging into what happened. I learned that these “crypto drainers” are far from a random scam—they’re an entire underground operation run by pros. They use fake projects, fake exchanges, and every trick in the book to bait people. They’re everywhere: Google Ads, Twitter, Telegram, email, SMS, and even certain adult websites. It’s an insane web of deception, and they’ve mastered it.
As I kept researching, I found out that some platforms drainers have been dominating the scene for years. Exogator is one of the most infamous ones. They’ve been described as reliable, and they even have a support team. They also have over 28,000 members on Telegram, which shows how vast their network is. Names like these kept popping up during my research, and they seem to have earned a notorious reputation in the space.
I also discovered that social engineering is a massive part of how they operate. It’s not just about throwing random scams out there; they make people want to engage. For example, they might set up fake crypto projects or exchanges so well that you wouldn’t think twice about trusting them. They even target different groups of people strategically—using gaming-related ads for smaller wallets and more sophisticated tricks for the “crypto whales.”
Looking back, I feel stupid for falling for it, but these scammers are incredibly good at what they do. It’s not just about targeting the gullible—they’re targeting anyone who lets their guard down, even for a second.
So, here’s my advice: never connect your wallet to any random link, no matter how legit it looks. Always double-check, research, and question everything. If something seems too good to be true, it probably is.
I learned this lesson the hard way, and it cost me $115,000. Don’t let it happen to you. Stay safe, and if you’ve been through something similar, share your story. It helps to know I’m not alone in this mess.
 

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