Fake Uniswap Site Drains $400,000 From Multiple Wallets, Investigator Warns

A phishing site impersonating Uniswap has drained crypto from multiple wallets.

According to a community alert from on-chain investigator b-block on X, attackers are currently sitting on roughly $400,000 across two flagged addresses.

Phishing Scammers Hit Crypto Users Again

This is not a new issue. Analysts have been raising warnings about phishing websites for months.

In February, Hayden Adams publicly criticized the phishing scams.

“These scams are horrible, weve been fighting them for years,” he said.

Adams said fraudulent apps impersonating Uniswap circulated while the company waited months for approval on Apples App Store. He also noted that scam advertisements continued to reappear despite ongoing reporting efforts.

Fake interfaces have become one of the most common phishing vectors in Decentralized Finance (DeFi). Scammers buy search ads and register lookalike domains that mirror the official front-end, then prompt users to sign malicious approvals.

The FBIs 2025 Internet Crime Report logged 181,565 cryptocurrency-related complaints, totaling $11.36 billion in losses, a 22% increase from 2024. The average crypto fraud victim lost $62,604.

Crypto-linked phishing and spoofing alone produced 7,164 complaints and more than $111 million in reported losses. Data from blockchain security firm Scam Sniffer also showed that signature phishing attacks siphoned $6.27 million from crypto wallets during the first month of the year.

Standard guidance from security firms is consistent. Revoke unused token approvals, verify URLs, and avoid clicking sponsored search results when interacting with DeFi protocols.

BeInCrypto has approached both Uniswap and Google for comment on the incident.

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