Fake Hyperliquid Site Causes $550,000 Loss; Linked to $52M Scam Ring

A phishing site promoted via Google ads led to a $550,000 USDC loss for a user. Security firm Salus linked the incident to a professional 'drainer-as-a-service' network associated with the Inferno ecosystem, which has been tied to approximately $52.74 million in cumulative losses.