Wallet drained after connecting to a fake crypto 'pre-sale' site, is my ETH and BNB gone?

asked 6d ago5 views10 answers
0

I really messed up, feeling so stupid right now. Saw an ad, not sure where exactly now, maybe Twitter or Discord, for a 'pre-sale' of a new token. It promised huge returns, like 100x minimum, and claimed it was backed by some big VCs. The website looked legit, had countdown timers, whitepaper, everything. I connected my MetaMask wallet – totally thought I was doing my due diligence. Well, pretty immediately after 'buying' the pre-sale tokens, my wallet was drained. All my ETH, about 2.5, and some BNB, like 1.5, just gone. I saw the transactions on Etherscan, but it all went to some address I don't recognise. It happened yesterday morning, around 9 AM UK time. I reported it to MetaMask, but they just sent an automated reply. Is there *any* way to get it back? Feeling sick to my stomach.

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#wallet-drainer#crypto-scam#presale-scam#metamask#eth#bnbasked by Emily Harris · Birmingham, United Kingdom

10 Answers

47

Emily, this is a classic scenario that plays out daily. The modus operandi here is a 'setApprovalForAll' permission, or a similar malicious contract interaction, allowing the scammer to transfer any tokens from your wallet without individual consent after the initial approval. Your funds are likely already split and laundered through various addresses, possibly even using mixers, making a direct recovery incredibly difficult. The key takeaway here for anyone reading is *never* connect your wallet to an unverified site, and *always* scrutinize the transaction details in MetaMask before approving. If it asks for 'permission to spend your tokens' or 'set approval for all', abort immediately unless you're 100% sure what you're doing. For future reference, Etherscan lets you revoke token approvals for various contracts, which is a good habit. As for recovery, as others have said, law enforcement is your only official avenue, but managing expectations is crucial.

Connor Mokoena · Port Elizabeth, South Africaanswered 6d ago
37

Hey Emily, so sorry to hear about this. It's a classic wallet drainer scam tied to fake crypto pre-sales or airdrops. What likely happened is that when you 'connected' your MetaMask, you approved a malicious smart contract allowing the scammers to spend your tokens directly. This isn't just sending funds to an address; it grants spending permissions.

Good news and bad news. Bad news first: direct recovery by yourself is near impossible once a drainer has taken funds. The transaction is irreversible on the blockchain. The good news is that if you act fast, there's *sometimes* a chance to trace the funds. Firms like Chainalysis specialize in on-chain forensics. They can follow the money trail across different addresses and exchanges. If the scammers move funds to a regulated exchange (like Kraken or Binance), that exchange might freeze them if presented with a police report and a clear trace. It's a long shot, but your best bet. Report it to local police and get a crime reference number ASAP. That's crucial.

Henry Brown · Newcastle, Australiaanswered 6d ago
22

Oh man, that's absolutely devastating, Emily. Please don't beat yourself up; these scams are incredibly sophisticated and prey on genuine hopes. It could happen to anyone, especially with how real those fake sites look. What you're feeling is valid. While the funds themselves are hard to claw back directly, focusing on reporting it to the authorities in the UK and gathering every single piece of evidence you have – like the ad link, website URL, transaction hashes from Etherscan, screenshots – is super important. Every bit of info helps law enforcement build a case, even if it feels small. Take care of yourself.

Michael Schneider · Stuttgart, Germanyanswered 6d ago
41

Ugh, another one of these. Look, I'm gonna be blunt: 99% of the time, once a wallet drainer gets your crypto, it's gone for good. There are countless fake 'recovery services' out there, like Wealth Recovery International or Funds Recovery Group, that will promise to get your money back, but they're just preying on victims again. They'll ask for an upfront fee – never pay it. That's just losing more money. Anyone who says they can 'hack' the blockchain or 'reverse' transactions is lying. Be very, very careful about who you talk to now. Your best bet is law enforcement and hoping they can catch these guys further down the line, which is rare for such small amounts.

Henry Evans · Brighton, United Kingdomanswered 6d ago
17

Been there, felt that. Lost about 4 ETH a couple of years back to a really convincing "new DEX launch" scam. Connected my wallet, approved what I thought was just a 'view balance' transaction, next thing I know, my wallet's empty. It's like a punch to the gut, isn't it? I reported it to the Canadian Anti-Fraud Centre and my local police, but honestly, nothing ever came of it. I'd trace the funds on Etherscan for weeks, watching them move from address to address, finally landing on Binance or Kraken sometimes, but without a law enforcement demand, those exchanges wouldn't do anything. It's a very harsh lesson. So sorry you're going through this.

William Anderson · Calgary, Canadaanswered 6d ago
33

Just to echo what others are saying – watch out for the next wave of scammers. As soon as you post online about being scammed, you become a target for 'recovery consultants.' They'll find you on social media, via DM, or even email. They'll claim they're experts, maybe even mention blockchain tracing firms or 'hacker friends.' They'll always, always ask for an upfront fee for their 'service.' It's another scam. They have no magical way to get your crypto back. Don't fall for it again, Emily. It's really rough, but sometimes, the best thing to do is learn and protect yourself from further losses.

Mason Gauthier · Halifax, Canadaanswered 6d ago
11

Honestly, the chances of getting it back are slim to none. I mean, we're talking about untraceable transactions for a good reason, right? The whole point of crypto was to be decentralised and irreversible. Once it leaves your wallet and goes to a scammer, it's basically gone. The police usually have bigger fish to fry. I'd just chalk it up to a very expensive lesson. Hard pill to swallow, I know, but better to be realistic now than constantly hope for a miracle that won't come.

Brian Walker · Houston, USAanswered 6d ago
28

Emily, I'm so very sorry this happened to you. It's a horrible situation, and it's completely understandable to feel sick. While the direct recovery is challenging, it's still important to report it to Action Fraud in the UK. Even if they can't recover your specific funds, your report contributes to a larger picture that helps them track these criminal groups. Also, make sure you revoke any active approvals on your MetaMask wallet immediately, just in case you ever use that wallet again. It's a small step, but it's something. Take deep breaths. You're not alone in this.

Rachel Yeo · Singapore, Singaporeanswered 5d ago
35

A few critical points here, Emily. You mentioned seeing the transactions on Etherscan. That's good – the transaction hash and the destination address are your primary pieces of evidence. If you manage to get a police report, any reputable blockchain analytics firm (like Chainalysis) could potentially trace those funds across the blockchain. They can identify if the funds ultimately landed on a centralized exchange. If they did, and you have a police report, that exchange *might* cooperate with law enforcement to freeze the assets. It's a long process, often taking months, and there's no guarantee the exchange will even respond without proper police intervention, especially for amounts under $100k USD. Also, make sure you scan your computer for malware, as wallet drainers sometimes also install keyloggers or other malicious software during the interaction.

Samantha Miller · San Antonio, USAanswered 5d ago
25

Ach, Emily, that's just heart-breaking. Please don't be too hard on yourself. These con artists are professionals at making things look legitimate, they exploit human nature. It's not your fault for wanting to believe in a good opportunity. Take a moment, try to calm down. The emotional toll of these scams can be immense. Give yourself space to process it. Maybe talk to a trusted friend or family member if you haven't already. Sometimes just saying it out loud helps. The advice here about reporting it and avoiding recovery scams is spot on. Hang in there.

Lea Neumann · Stuttgart, Germanyanswered 5d ago

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