Ethereum Foundation Partners With SEAL to Combat Drainer Scams via 1TS
Key Highlights EF partners with nonprofit Security Alliance (SEAL) to proactively track and deal with “drainer” scripts. The 1TS Dashboard tracks 92 security controls across six pillars, including User...
Key Highlights
- EF partners with nonprofit Security Alliance (SEAL) to proactively track and deal with “drainer” scripts.
- The 1TS Dashboard tracks 92 security controls across six pillars, including User Experience (UX) and Social Governance.
- Coordinated takedowns reduced wallet-drainer losses by 83% in 2025, reaching a historic low of $84M.
In a significant move to safeguard the safety of Ethereum users, the Ethereum Foundation (EF) has announced a new partnership with the Security Alliance, a nonprofit cybersecurity firm also known as SEAL. The collaboration aims to disrupt the growing threat of “drainers,” which are sophisticated malicious scripts that aid in stealing millions of dollars from crypto users.
The partnership is part of the EF’s “Trillion Dollar Security” (1TS) initiative. Under the agreement, the Ethereum Foundation will sponsor dedicated security engineers to work directly with SEAL’s intelligence team. Their primary mandate is to track, analyze, and neutralize the infrastructure used by scammers before they can execute widespread attacks.
The initiative comes as the industry grapples with the persistent challenge of user safety. “Drainers” typically operate by tricking users into signing malicious transactions through phishing websites that mimic legitimate applications. Once a user approves the request, the script automatically empties their digital wallet.
— Ethereum Foundation (@ethereumfndn) February 9, 2026The Security Alliance has done important work to combat attacks and the ecosystem has benefited tremendously.
The Ethereum Foundation's Trillion Dollar Security (1TS) Initiative is proud to support these efforts. https://t.co/0PXVdtvnOj
A data-driven defense
The collaboration was formalized following discussions late last year, during which the Ethereum Foundation sought to fund specialized resources dedicated to monitoring and responding to malicious activity across the ecosystem.
The partnership will also utilize EF’s “One Trillion Dollar Security” dashboard. This newly made live dashboard provides a real-time assessment of the Ethereum network’s security posture. It tracks 92 specific security controls across six critical dimensions. These are user experience, smart contracts, infrastructure and cloud, consensus protocol, monitoring and incident response, social layer and governance.
The dashboard aims to bring transparency to the ecosystem’s vulnerabilities, highlighting risks such as fragmented user interface tools while showcasing mitigation strategies like improved wallet standards and on-chain audits.
Curbing the “drainer” threat
The partnership addresses a growing corner of the cybercrime economy. According to data from the crypto intelligence platform ScamSniffer, cited by SEAL, wallet drainers have stolen nearly $1 billion from users over the past several years.
However, coordinated defense efforts are beginning to yield results. In 2025, losses attributed specifically to wallet drainers fell to approximately $84 million, an all-time low and a sharp decline from previous years. SEAL attributed this drop to the aggressive takedown of scam infrastructure.
Despite the decline in total volume, attacks have become increasingly sophisticated, necessitating more advanced detection tools.
A model for the industry
SEAL views the partnership as a blueprint for broader industry cooperation. In the official statement, it shared that the Ethereum Foundation’s sponsorship is the first of several planned initiatives with major blockchain ecosystems.
“If your foundation or crypto ecosystem is interested in similar sponsorship opportunities, we’re happy to discuss how this model protects users at scale,” SEAL stated, signaling a shift toward a more unified, cross-industry defense against financial crime.
Also Read: Ethereum Pivots to ZK-Verification: Ending the Era of Re-Execution
Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.
Delegate Your Voting Power to FEED DRep in Cardano Governance.
DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!
