π¨ Fake ETH L2 Drains 760 ETH in Giwa Impersonation Scam Scammers deployed a counterfeit Layer 2 chain impersonating Giwa β a project backed by South Korean exchange Upbit β and walked away with over 760 ETH (~$2M). The scheme was uncovered by DYORSWAP, a multichain DEX, which has since announced a compensation process for affected users. Bridging funds to an unverified L2: still one of the most expensive lessons in crypto. Source Trade on Binance
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π¨ Fake ETH L2 Drains 760 ETH in Giwa Impersonation Scam
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