News Formal

Google Sues Alleged Crypto Scammers for Fraudulent Apps on Play Store

  • 📰 verge
  • ⏱ Reading Time:
  • 7 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 67%

Technology News

Google,Crypto Scammers,Play Store

Google is taking legal action against two alleged crypto scammers who used its Play Store to offer fraudulent cryptocurrency trading apps. The scammers uploaded 87 different apps that lured in over 100,000 people, resulting in significant financial losses for users. Google has shut down the apps and claims to be the first company of its peers to take such action.

Google is suing two alleged crypto scammers for offering fraudulent cryptocurrency trading apps on its Play Store. The accused scammers, based in China and Hong Kong, uploaded 87 different fraudulent apps that lured in over 100,000 people.

Users lost anywhere from $100 to tens of thousands of dollars each. Google has shut down the apps and is taking legal action.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google sues alleged crypto scammers for luring people into investments they’d never get backGoogle filed suit against two app developers it accused of uploading fraudulent investment apps to the Play Store and luring victims through a so-called pig butchering scam.
Source: verge - 🏆 94. / 67 Read more »