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Tokenomics

Associated Token Account (ATA)

The standard Solana account that holds a specific SPL token for a given wallet. Each token type requires its own ATA. Drainers frequently include CloseAccount instructions to recover the rent SOL stored in a victim's ATAs as an extra extraction layer.

See also
Security Drainer Malicious software that extracts wallet assets via user-signed transactions on phishing sites. The transaction is technically valid on-chain; the victim authorized it without understanding what it authorized. Named drainer kits include Riddance, Rublevka Team, CLINKSINK, and MS Drainer. → Security Blind Signing Approving a transaction without verifying its instructions. Exploited by drainers whose wallet popups show only that a transaction is being signed rather than what it will do. Even hardware wallets fail when blind signing is enabled. → Tokenomics Freeze Authority The SPL Token Program authority that can freeze any holder's Associated Token Account, blocking them from selling. Must be null for any memecoin worth touching. Active freeze authority is a disqualifying red flag with no legitimate justification on a memecoin launch. →
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