• Uniswap founder slams scam crypto ads after victim ’lost everything' Uniswap founder Hayden Adams highlighted a case where a victim lost a “mid-six-figure” portfolio to a fake top search result posing as Uniswap. • Cointelegraph in your social feed Hayden Adams, founder of the decentralized exchange Uniswap, has warned users about fraudulent ads impersonating the platform, highlighting a case in which a victim reportedly lost everything. • It comes after January saw the highest amount of money stolen in crypto scams in 11 months. • “Scam ads keep returning despite years of reporting,” Adamssaidin an X post on Friday. • “There were scam Uniswap apps while we waited months for App Store approval,” he said. • Scammers are increasingly buying ads on popular search engines targeting keywords like “Uniswap,” so when crypto users search for it, the top result looks official.
Article Summaries:
- Hayden Adams, founder of the decentralized exchange Uniswap, warned on X that fraudulent ads mimicking the platform are driving crypto scams, citing a recent case in which a user lost a mid‑six‑figure wallet. Adams noted that scammers purchase search‑engine ads for keywords like “Uniswap,” making fake sites appear as the official page and tricking users into approving transactions that drain their funds. The warning follows January’s record‑high crypto‑theft losses, with $370.3 million stolen that month-four times the amount in January 2025-largely from a single social‑engineering scam. Adams urged users to verify sites before connecting wallets.
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