Apple and Google, two of the most valuable companies in the tech space, are being accused of facilitating crypto-related fraud. These organizations are being pressed forThe CEOs of Google and Apple were sent letters by the U.S. Senator for information on how these companies could stop fraudulent apps from promoting cryptocurrency frauds.
warning that 244 investors had been duped out of $42.7 million by fraudulent cryptocurrency apps posing as reliable investment platforms in less than a year. He wrote, The FBI and Justice Department, among other federal law enforcement agencies, started taking action against con artists earlier this month on suspicion of stealing millions of dollars from customers. Scams are becoming more commonplace despite the price decline of Bitcoin and other cryptocurrencies.