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Chayanika Deka

Fake Uniswap Website Reportedly Drains Wallets as Stolen Funds Top $400,000

A fraudulent site mimicking Uniswap is reportedly emptying victims' crypto wallets, with on-chain analyst "b-block" saying scammers control at least $400,000 in stolen assets. A separate SEAL review of malicious Google Ads found Uniswap was the most frequently impersonated platform, representing 41% of tracked phishing-related sites, and linked losses from March 13 to March 30 exceeded $1.27 million.