Trader reportedly loses $550,000 to Google ad scam

On Aug. 13, Darcy posted connected X that the idiosyncratic mislaid the sum to a paid Google advertisement that directed the idiosyncratic to a website impersonating Hyperliquid. Darcy identified 3 addresses belonging to the alleged hacker:

• 0x98b2761559A348968C994D9856dCfc96B6f13C55

• 0x93b6B24DC6E6a1D5d72399e3A35498c4DbA1d6D1

• 0x6fE314fD4CF845f35fc461eD98e2FB8d9356B566

Related: YouTube takes down aggregate crypto channels implicit 'harmful' content

When Google released its latest fraud and scam advisory successful June, it issued a strict informing connected crypto concern frauds and cited the FBI enactment astir Americans reportedly losing much than $11 cardinal to crypto scams successful 2025.

Google said it maintains policies aimed astatine protecting users from deceptive crypto ads. It besides claimed to beryllium enforcing its Unreliable Claims policy, which restricts ads making unrealistic promises of ample fiscal returns.

The tech elephantine besides said its Unacceptable Business Practices argumentation enables it to instrumentality enactment against actors attempting to impersonate trusted brands oregon crypto platforms.

When TheStreet Roundtable reached retired to Google for a comment, the company's spokesperson told us,

"We person zero tolerance for scams, and suspended this advertiser's relationship anterior to being contacted for this story. We artifact 99% of policy-violating ads earlier they ever run, and past twelvemonth alone, we removed implicit 602 cardinal scam ads."

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What is Hyperliquid?

Hyperliquid is simply a decentralized crypto speech that is built to chiefly commercialized high-leverage perpetual futures.

The crypto speech lets traders speculate connected commodities, equities, and private-company valuations done blockchain-based markets. The level became progressively fashionable among lipid traders amid the U.S.-Iran war.

Related: Ripple CEO issues harsh informing connected online scams this Christmas

This communicative was primitively published by TheStreet connected Aug 14, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.