Scammers Steal $2 Million via Fake GIWA Blockchain
Scammers created a fraudulent version of the GIWA blockchain, masquerading as the anticipated Ethereum Layer 2 mainnet from Dunamu, the operator of Upbit. The attackers utilized a fake RPC endpoint and bridge, successfully deceiving 1,333 wallets into depositing 767 ETH, valued at approximately $2 million. GIWA confirmed that its production mainnet has not yet launched and that the fake network exploited the project's planned Chain ID (9134) to appear legitimate. On-chain analysis indicates the attackers prepared the infrastructure on September 26 before draining the deposited funds.
Summaries are written by AI from the original article. Not investment advice.