Scammers steal $2M in ETH as fake GIWA network fools DYORSWAP
- Posted on September 28, 2026
- By Cointelegraph
- 1 Views
- 1 min read
In brief
A sophisticated cryptocurrency fraud scheme resulted in the loss of approximately $2 million in Ethereum when cybercriminals deployed a counterfeit GIWA blockchain network. The DYORSWAP platform mistakenly validated the fraudulent network as legitimate GIWA infrastructure, enabling attackers to execute the heist undetected. This incident highlights critical vulnerabilities in blockchain verification protocols and the persistent threat of network impersonation attacks targeting decentralized finance platforms.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Scammers steal $2M in ETH as fake GIWA network fools DYORSWAP
Scammers stole about $2 million in ETH through a fake GIWA network after DYORSWAP initially mistook the fraudulent blockchain for GIWA’s mainnet.
