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Uniswap Phishing Scam: $400K Stolen Through Google Ads

SQ Magazine

Uniswap lost $400,000 due to a phishing scam conducted through Google Ads.

Uniswap lost $400,000 due to a phishing scam conducted through Google Ads.

  • The scam targeted users with fake Uniswap ads, stealing a total of $400,000.
  • Fake advertisements published on Google Ads misled investors into providing their credentials.
  • This incident highlights the importance of security in the DeFi space.

Phishing scams can undermine user trust in DeFi projects, potentially negatively affecting market demand.