Scammers make $400K through fake Uniswap ads on Google

A blockchain analyst has warned that malicious phishing advertisements impersonating Uniswap have appeared on Google Search, which has netted attackers at least $400,000.

Scammers have been using Google to deploy malicious phishing advertisements impersonating the crypto protocol Uniswap, which has reportedly netted the attackers at least $400,000. 

The on-chain analyst “b-block” posted to X on Monday that a website impersonating decentralized finance exchange Uniswap was draining funds from multiple wallets and the scammers were holding at least $400,000.

Stacy Muur, founder of Web3 marketing agency Green Dots, said that the scammers had stolen the funds from users through a phishing ad on Google that impersonated Uniswap, and shared a screenshot of a sponsored result from the search engine.

Read more