On Christmas Day, crypto users suffered a significant loss of $3 million due to a phishing scam involving MS Drainer. This attack targeted unsuspecting users through phishing emails and malicious websites, leading to the theft of valuable cryptocurrencies. The incident serves as a reminder of the importance of cybersecurity vigilance and the need for users to exercise caution when interacting with online platforms and emails to protect their digital assets. Cryptocurrency users are advised to verify the legitimacy of emails and websites and implement robust security measures to safeguard their holdings from such scams.