Hyperliquid user reportedly loses $550K in Google ad scam

1 week ago 17



A Hyperliquid user appears to have lost about $550,000 in USDC on Aug. 13 after interacting with a phishing website promoted through a Google search advertisement, according to FlashRescue co-founder Darcy. Summary Hyperliquid user reportedly lost 550,019 USDC after transfers reached three addresses reportedly linked to attackers. Google suspended the advertiser after paid search result allegedly directed users toward a phishing site. SEAL blocked over 356 malicious advertising URLs during recent campaigns targeting cryptocurrency applications and wallets. Hyperliquid documentation warns users to verify full URLs and treat unknown wallet activity as compromise. On-chain transfers verify the fund movements, but cannot independently establish that Google advertising caused them. His post identified three addresses allegedly controlled by the attacker. On-chain data associated with the reported transaction shows roughly 550,019 USDC was split among the three addresses. The transfers provide evidence that the funds moved, but blockchain records alone cannot establish how the victim was deceived. Darcy attributed the theft to a paid Google advertisement impersonating Hyperliquid. GoPlus...

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