Scammers Steal at Least $400K Through Fake Uniswap Google Ads

On-chain analyst b-block warned that fake Google ads impersonating Uniswap are stealing user funds, with attackers having obtained at least $400,000 so far. Stacy Muur, founder of Web3 marketing agency Green Dots, said the funds came from users clicking sponsored Google ads for fake Uniswap sites.

Security Alliance (SEAL) previously said Google Search phishing campaigns have risen sharply since March, with attackers often buying ads or compromising legitimate ad accounts to impersonate popular crypto protocols.