Google Ads Hijacked for Fake Crypto Site

A Hyperliquid user lost about $550,000 in USDC after clicking on a Google-sponsored ad that led to a fake Hyperliquid website.

The theft was linked to the Inferno drainer ecosystem, a professional drainer-as-a-service network that automates fund splitting and cross-chain withdrawals. This attack is part of a broader pattern linked to approximately $52.74 million in losses from multiple phishing incidents.

Google has since suspended the advertiser behind the fake site, and Salus has shared evidence with authorities for further action.