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Breaking: Crypto Websites Promote Innovative Uniswap Scam

The scammers, going by the name Draek Chavva, reached out to several news sites, including CryptoIntelligence.co.uk, to enquire about publishing a press release.

Numerous crypto news sites, including CryptoNews.com – one of the largest crypto news sites in the world – have unknowingly promoted a fake Uniswap website that will drain users’ wallets once connected.

The scammers, going by the name Draek Chavva, reached out to several news sites, including CryptoIntelligence.co.uk, to enquire about publishing a press release.

The press release is titled Uniswap V4 Launch Paired with Generous $10 Million UNI Airdrop (2024), and it links to a fake Uniswap website – https://unisweoips.com/ – where users can allegedly take part in the $10 million airdrop.

However, instead of receiving tokens as part of the airdrop, the scammers will drain the wallets of anyone who connects to this spoof “Uniswap” website.

Over a dozen crypto news sites published this press release, with links to the fake Uniswap website.

Some sites, such as CryptoNews.com, have deleted the press releases that they published, but many PRs remain live on a multitude of websites as of the time of publishing this article.

Crypto holders are advised to be extremely careful about connecting their wallets to any website, even if it appears legitimate at first glance, as there are many spoof websites.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.