Hayden Adams, the founder of Uniswap, took to social media to alert the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets.

Adams’ warning sheds light on how scammers are leveraging fake clones of Ethereum Name Service (ENS) domains to deceive users and potentially siphon funds.

How the Scam Works

In a post on X, Adams expressed his concern, stating, “first time I’ve seen this scam, so posting it as a heads up for users and interfaces.”

first time I’ve seen this scam, so posting it as a heads up for users and interfaces someone bought the ens “[myEthereumAddress].eth” so when you paste in my address, the top result in some UIs is an ens match instead of the resolved ENS name impt for UIs to filter these out pic.twitter.com/0cQAL5tQ0T — hayden.eth