TechFlow News, May 26: According to Cointelegraph, phishing ads impersonating the decentralized exchange protocol Uniswap have appeared in Google Search, enabling attackers to steal at least $400,000. On-chain analyst b-block stated that the counterfeit websites involved are draining funds from multiple wallets; the addresses linked to this scam currently hold a combined total of 146 ETH—worth approximately $306,000 at press time.
Security Alliance (SEAL) noted that such fraudulent Google ads are a common source of phishing attacks, wherein attackers either purchase ad placements or compromise legitimate advertising accounts to impersonate popular crypto protocols in sponsored search results. SEAL also reported that between March 13 and March 30, these attacks resulted in total losses amounting to $1.27 million.
