Hyperliquid user loses 550,000 USDC after clicking fake Google ad linked to Inferno drainer
first published 2026-08-24T08:15:42Z
A Hyperliquid user was tricked by a Google sponsored ad that led to a counterfeit trading site and lost about 550,000 USDC. Security firm Salus said the theft used infrastructure tied to the Inferno drainer ecosystem, which automatically split the stolen funds across multiple attacker-controlled addresses. Salus also linked the wider infrastructure to about $52.74 million in related phishing losses.
AI Analysis
The summary reports a large USDC theft from a Hyperliquid user and ties it to a broader phishing infrastructure with tens of millions in related losses. This is clearly negative for user safety and could affect short-term trader sentiment around Hyperliquid and USDC handling.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
