Crypto phishing losses fell 83% in 2025, but drainer ecosystem ‘remains active’
Wallet drainer phishing losses dropped sharply in 2025, but security researchers warn activity still rises with market rallies and new attack vectors continue to emerge.
Crypto phishing attacks tied to wallet drainers dropped sharply in 2025, with total losses falling to $83.85 million, down 83% year over year from nearly $494 million in 2024. The number of victims … [+3095 chars]