Hayden Adams, founder of Uniswap, has warned users about a rise in fraudulent online ads impersonating the popular DeFi platform. According to Adams, scammers are purchasing sponsored search engine ads that closely mimic Uniswap’s official website, tricking users into connecting their crypto wallets to malicious links.
In a post on X, Adams explained that once victims approve wallet permissions on these fake sites, attackers can quickly drain their funds. He stressed that these deceptive ads often appear at the top of search results, making them look legitimate and trustworthy.
The warning comes amid increasing phishing attacks targeting crypto users. Adams urged the community to avoid clicking sponsored links and to always double-check URLs before connecting wallets. His message highlights a broader issue in crypto security: even experienced users can fall victim when scams appear through trusted advertising channels.
UNI
3.452
-5.29%