Scammers | Crypto

DYORSWAP said it paid more than 200 ETH in compensation, while Upbit operator Dunamu’s GIWA warned that its mainnet had not launched. Scammers stole about $2 million in Ether (ETH) from a bridge for a fake GIWA blockchain that decentralized exchange (DEX) DYORSWAP said it initially mistook for the project’s mainnet. In a reconstruction published Monday, DYORSWAP said the fraudulent bridge received about 767.65 ETH from 1,335 addresses. The scammers drained 766.25 ETH. GIWA, an Ethereum layer-2 network developed by Upbit operator Dunamu, said on Sunday that its mainnet had not launched and warned that purported mainnet connection details circulating online were false. Read more

A blockchain analyst has warned that malicious phishing advertisements impersonating Uniswap have appeared on Google Search, which has netted attackers at least $400,000. Scammers have been using Google to deploy malicious phishing advertisements impersonating the crypto protocol Uniswap, which has reportedly netted the attackers at least $400,000.  The on-chain analyst “b-block” posted to X on Monday that a website impersonating decentralized finance exchange Uniswap was draining funds from multiple wallets and the scammers were holding at least $400,000. Stacy Muur, founder of Web3 marketing agency Green Dots, said that the scammers had stolen the funds from users through a phishing ad on Google that impersonated Uniswap, and shared a screenshot of a sponsored result from the search engine. Read more

Shipping companies with vessels stranded near the Strait of Hormuz are being targeted by scammers posing as Iranian authorities, demanding Bitcoin or USDt for safe passage. Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage. On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees” in Bitcoin (BTC) or USDt (USDT) in exchange for clearance through the strait, according to Reuters. “These specific messages are a scam,” Marisks reportedly said, adding that they do not originate from Iranian authorities. Tehran has not publicly commented on the claims. Read more