Scammers steal about $2 million in ETH through fake GIWA bridge

Scammers stole about $2 million in ETH through a fake GIWA bridge. DYORSWAP said it initially mistook the bridge for GIWA's mainnet. The bridge received about 767.65 ETH from 1,335 addresses. The scammers drained 766.25 ETH. GIWA said on Sunday that its mainnet had not launched. GIWA warned that purported mainnet connection details circulating online were false. DYORSWAP said its contracts had not been compromised. DYORSWAP said it was tracing the bridge deployer, funding sources, suspected test wallets and addresses that received the funds. DYORSWAP said it used its own funds to pay affected users more than 200 ETH. Dunamu launched GIWA's Sepolia testnet in September 2025 using Optimism's OP Stack. In April, Dunamu, Hana Financial and POSCO International agreed to test a GIWA Chain-based cross-border remittance system using real trade transactions.