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EIP-7702 Wallet Drainer Campaign

avoid.net/eip-7702-wallet-drainer-campaign→2/100·82% conf.
[AI-DRAFTED · AWAITING FACT-CHECK]

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·W9qwNB…uGTA

Summary

A coordinated phishing and wallet-draining campaign has exploited Ethereum's EIP-7702 account abstraction feature — introduced in the May 2025 Pectra upgrade — to steal funds from ordinary wallets without requiring seed phrase access. Victims are tricked into signing a delegation authorization that grants attacker-controlled smart contract code full execution rights over their wallet; the authorization can sit dormant for days or weeks before being activated to drain all assets in a single atomic transaction. Researchers at Wintermute and Scam Sniffer have linked over 97% of malicious EIP-7702 delegations on Ethereum mainnet to copies of a single sweeper contract nicknamed 'CrimeEnjoyor,' indicating an organized operation rather than scattered individual actors. Confirmed losses as of mid-October 2026 include at least $1.54 million in a single October 2026 incident and an additional $22,770 on October 14, 2026, with total estimated campaign losses across all incidents exceeding $2.36 million and an estimated $10.14 million in further exposed wallets.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

Have evidence about EIP-7702 Wallet Drainer Campaign?

Timeline(9 events)

7 May 2025

Ethereum Pectra hard fork activates on mainnet, enabling EIP-7702 account abstraction feature for EOAs.

Cryptopolitan

23 May 2025

Scam Sniffer reports an Ethereum user lost $146,550 after signing malicious batched EIP-7702 transactions — among the first confirmed losses on mainnet.

Crypto.news

24 May 2025

A BNB Chain sweeper operator (address 0x02b1C6CAE421CEE79836f7A13cd2DD19f684a6be) is initially funded via a Bybit hot wallet with 0.75 BNB, according to the MetaMask community report.

MetaMask/core GitHub Issue #10682

26 May 2025

GoPlus Security publishes a DeFiHackLabs analysis identifying a top-ranked EIP-7702 delegator (0x930fcc37d6042c79211ee18a02857cb1fd7f0d0b) as a phishing contract that auto-redirects any received ETH to a theft address.

DeFiHackLabs / GoPlus Security

30 May 2025

Wintermute releases the 'CrimeEnjoyor' on-chain warning mechanism, reporting that over 97% of EIP-7702 delegations on mainnet use identical sweeper bytecode.

CoinTelegraph

2 June 2025

CoinDesk reports Wintermute's finding that early CrimeEnjoyor sweepers had not yet successfully drained significant funds on mainnet, though the infrastructure was in place.

CoinDesk

2 September 2025

SlowMist founder Yu Xian warns that World Liberty Financial (WLFI) token holders are being targeted by EIP-7702 phishing exploits. CoinDesk and multiple outlets report the campaign.

CoinDesk

10 October 2026

Scam Sniffer reports a single Ethereum user loses approximately $1.54 million after signing malicious EIP-7702 batch transactions covering staked ETH and BTC-pegged tokens.

Shattered.io

14 October 2026

ExVul reports that the wallet associated with ENS name sven.eth (0xd8ba9e5886b7000bace2c9dbdd0be98ac77d4a28) lost 9.1231 ETH and 1.69271471 TAPEETH tokens (~$22,770) via a dormant EIP-7702 authorization activated by attacker address 0x9208097c007be15e28b20e94e66870a3f9f820bc.

Crypto.news / The Crypto Times
Provenance & Audit Trail

Decision Log

  • #1publishRecorded on Solana ✓10/15/2026, 6:12:31 PM
    slot 457333176 · hash Fc3prHSfUoeiz78FcYc1afBM6nE6b2wmFmFkFXuYSfzJ

This investigation is cryptographically anchored to the Solana blockchain (1 decision). 0 of 17 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 10/15/2026, 6:12:22 PM

last updated: 10/15/2026, 6:12:22 PM

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