Phishing scammers stole over $400K using fake Uniswap ads on Google Search, draining an experienced trader's entire portfolio through a cloned website.

Scammers running Google Search ads that impersonate Uniswap have drained $400,000 from crypto wallets, a tactic DeFiLlama says is “a common source of phishing attacks.”

A trader lost at least $400K after clicking a fake Uniswap Google ad. Hayden Adams urges search platforms to crack down on phishing ads targeting DeFi users.