{"id":625118,"date":"2026-08-14T16:00:33","date_gmt":"2026-08-14T20:00:33","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=625118"},"modified":"2026-08-14T07:48:09","modified_gmt":"2026-08-14T11:48:09","slug":"hyperliquid-user-loses-550019-usdc-to-fake-google-ad-details","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/hyperliquid-user-loses-550019-usdc-to-fake-google-ad-details\/","title":{"rendered":"Hyperliquid user loses 550,019 USDC to fake Google ad \u2013 Details"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In another episode of scams that made headlines in 2026, a recent phishing attack specifically targeted Hyperliquid users rather than a direct breach of Hyperliquid&#8217;s protocol.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Darcy Ari, co-founder of FlashRescue, on the 13th of August, the attackers used Hyperliquid-related keywords to buy Google Search advertisements. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the background, the malicious advertisement may have shown up among the top results when users searched for the platform, possibly passing for an official Hyperliquid link.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Following which, at least one user was sent to a phony website that mimicked the genuine platform after clicking on the advertisement.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Funds drained<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">That said, the user seemed to have lost 550,019 USDC, or about $550,000. After that, the <a href=\"https:\/\/x.com\/DarcyAri\/status\/2087804729258594427\" target=\"_blank\" rel=\"noopener\">money was moved<\/a> to three blockchain addresses that were purportedly connected to the attackers. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this transfer, around 440,015 USDC, 82,503 USDC, and 27,501 USDC were moved, respectively.\u00a0<\/span><\/p>\n<figure id=\"attachment_625127\" aria-describedby=\"caption-attachment-625127\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-scaled.png\"><img decoding=\"async\" class=\"wp-image-625127 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-scaled.png\" alt=\"money was moved to three blockchain addresses\" width=\"2560\" height=\"670\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-scaled.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-300x79.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-1024x268.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-768x201.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-1536x402.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-2048x536.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/money-was-moved-to-three-blockchain-addresses-1200x314.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-625127\" class=\"wp-caption-text\">Source: Arkham<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">For context, instead of relying on a technological breach at Hyperliquid, the alleged attack used social engineering. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to trick users into connecting wallets, authorizing malicious transactions, or disclosing private information, attackers allegedly made a phony Hyperliquid website and advertised it using Google Search ads. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">After being provided access, the attackers were able to transfer money without jeopardizing the trustworthy platform.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Steps taken<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It has been reported that Google suspended the campaign&#8217;s associated advertiser.\u00a0 <\/span><span style=\"font-weight: 400;\">Well, this isn&#8217;t the first time a search ad-based crypto phishing attack has happened.\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given the rise in such scams, the Security Alliance (SEAL) has <a href=\"https:\/\/radar.securityalliance.org\/malicious-google-ads-targeting-crypto\/\" target=\"_blank\" rel=\"noopener\">previously discovered<\/a> over 356 malicious advertising URLs that target cryptocurrency wallets and platforms.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Attackers are stepping up their game<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This comes as South Korean cybersecurity company Genians has reported that Kimsuky, a hacker collective with ties to North Korea, is <a href=\"https:\/\/ambcrypto.com\/north-korean-hackers-turn-to-ai-as-crypto-scams-surge-report\/\" target=\"_blank\" rel=\"noopener\">allegedly incorporating AI tools<\/a> straight into its cyberattack infrastructure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> The action may enable Kimsuky to automate and scale certain aspects of its attacks, including target research, phishing content creation, information analysis, and support for other phases of cyber operations.<\/span><\/p>\n<hr \/>\n<h2><span style=\"font-weight: 400;\">Final Summary <\/span><\/h2>\n<ul>\n<li><em><span style=\"font-weight: 400;\">The attackers used Hyperliquid-related keywords to buy Google Search advertisements, which forced one user into a phony website. <\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">SEAL has previously discovered over 356 malicious advertising URLs that target crypto wallets and platforms.<\/span><\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>How were users duped into losing their money by the fraudulent Hyperliquid website?<\/p>\n","protected":false},"author":66,"featured_media":625130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[66,4,20],"tags":[6427],"class_list":["post-625118","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hyperliquid user loses 550,019 USDC to fake Google ad \u2013 Details - AMBCrypto<\/title>\n<meta name=\"description\" content=\"To lure users, attackers allegedly made a phony Hyperliquid website and advertised it using Google Search ads.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" 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