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Investor loses $550K in USDC via phishing through fake Google ad for Hyperliquid

Market News
14 Aug 2026
Blockonomi
View Source
Bearish
Investor loses $550K in USDC via phishing through fake Google ad for Hyperliquid

A cryptocurrency investor lost about $550,000 in USDC after falling victim to a phishing scam using a fraudulent Google search ad for Hyperliquid. The scam redirected the user to a fake website mimicking Hyperliquid, compromising sensitive information and transferring funds to attacker-controlled wallets. Google has since disabled the malicious advertiser's account, but such phishing attacks via sponsored ads remain a recurring threat to crypto users. The Hyperliquid platform itself was not breached and continues to see user growth, highlighting the importance of verifying URLs and avoiding sponsored listings when accessing crypto platforms.

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