Unknown individuals have placed malicious ads in Google search results that mimic the Uniswap DEX interface. Analysts report that the scammers have stolen at least $400,000 in cryptocurrency.

Community alert:

A website impersonating Uniswap is draining funds from multiple wallets.

The scammers are currently holding at least ~$400,000.

0x37925684BA178821b4436E06e67f5dBD6cfA49Bb
0x2fC25F46cC49D226eF92E9A7665f3d2821F3c5E2

Please only use official links, and… pic.twitter.com/JikqftTVHY

— b-block (@b_block_oficial) May 25, 2026

Expert b-block reported that the fraudulent site redirected users to a clone site that drained their wallets upon connection. At the time of publication, the two addresses linked to the scheme held 146 ETH (approximately $306,000).

Researcher Stacy Muur noted that such phishing ads have been allowed to rise to the top of search results for years, often appearing above the official links of crypto projects.

Two scammers have already stolen ~$400,000 from users through a phishing @Uniswap ad on Google.

It’s insane that Google has ignored this issue for years while fake links keep getting pushed above real ones and users keep getting drained.

This is the first result that popped out… https://t.co/Ov488s9DIl pic.twitter.com/qStRGq8qTE

— Stacy Muur (@stacy_muur) May 25, 2026

DeFiLlama confirmed that fake ads on Google remain one of the most common attack vectors in the decentralized finance sector.

— DefiLlama.com (@DefiLlama) May 25, 2026

Experts from Security Alliance (SEAL) reported a significant surge in such activities. From March 13 to 30, the organization blocked over 356 malicious ad links. The total damage from this campaign was around $1.27 million.

According to SEAL, scammers promote their ads either through direct purchases or compromised advertiser accounts. To bypass Google’s moderation, they display correct URLs while loading malicious code through a hidden frame, which is undetectable by automated search engine checks.

Recall that in April, a fake Ledger Live app in the App Store helped hackers steal at least $9.5 million in cryptocurrency.