According to Cointelegh: Uniswap founder Hayden Adams has sounded an alarm over a scam involving the impersonation of Ethereum wallet addresses via the Ethereum Name Service (ENS) domains. Adams, on February 14, alerted his followers on platform X about an impersonation scam where fraudsters copied his wallet address and registered it as an ENS wallet with a .eth. This impersonation strategy might misdirect users to transfer cryptocurrencies to the wrong address unintentionally as some interfaces show the fraudulent ENS match as the top search result when his actual address is entered.

Demonstration of a scam address imitating a legitimate one with a .eth domain. Source: Hayden Adams

Taylor Monahan, the founder of Ethereum wallet manager MyCrypto, noted in a post that the same scam method was applied in the early days of MyEtherWallet, leading them to "break" registrations and resolutions for names starting with "0x".

Nick Johnson, the lead developer and founder of ENS, also shed light on this scam, advising interfaces against autocomplete functionality as it can be too hazardous. User interface guidelines from ENS also caution against this feature.

Previous scams concerning impersonation have not been uncommon in the crypto industry. In January, a phishing attack targeted investors by sending emails pretending to be from renowned Web3 companies, including Cointelegraph, WalletConnect, Token Terminal, among others. The phishing campaign resulted in an estimated inflow of about $3.3 million into the scammer's wallet, as per research by analytics platform Nansen. The security breach at marketing firm MailerLite was subsequently identified as the source of the attack.