Malicious code or a fake approval that empties a victim's crypto wallet, sometimes disguised as a work “onboarding” step.
A wallet drainer tricks you into signing a transaction or connecting your crypto wallet to a malicious site, then siphons out your assets. In job scams, this can arrive as a required “Web3 onboarding,” a fake trading dashboard, or a task platform that asks you to link a wallet.
Because blockchain transfers are irreversible, a single careless approval can drain a wallet in seconds.
Red flags
- A “job” requires connecting or funding a crypto wallet
- Prompted to approve a transaction you don't understand
- A task platform that holds your crypto “balance”
Deep-dive guide
Crypto & Web3 Job Scams: Wallet 'Verification' and Deposit Traps
Frequently asked questions
Can a job really drain my crypto wallet?
Yes, if it pushes you to connect your wallet to an unknown site or approve transactions. Never link a crypto wallet as part of a hiring or task process — legitimate jobs don't require it.