Uniswap founder slams scam crypto ads after victim 'lost everything'

CoinTelegraph

by Ciaran Lyons

February 21, 2026

AI-Generated Deep Dive Summary

The founder of Uniswap, Hayden Adams, has issued a strong warning about fraudulent crypto ads that are deceiving users and causing significant financial harm. In a recent post on X, Adams highlighted a case where a victim lost a mid-six-figure portfolio due to a fake search result disguised as Uniswap. This incident comes amid a surge in crypto scams, with January marking the highest amount of money stolen in 11 months. Adams emphasized that these scam ads persist despite years of efforts to report and combat them. Adams pointed out that during the lengthy approval process for Uniswap apps on platforms like Apple and Google Play, scammers exploited the delay by creating fake apps. These fraudulent listings often appear at the top of search results, luring unsuspecting users into transferring their funds to counterfeit platforms or malicious links. The founder stressed the importance of verifying official channels and being cautious of any

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Originally published on CoinTelegraph on 2/21/2026