Fake Crypto Wallet App Imitating Trezor Found on Google Play Store
Thomas Simms's original article for cointelegraph.com reduced by 52%
Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin prices, ESET antivirus researchers claimed on May 23. One malicious app imitated the hardware wallet Trezor - and the investigation found that the software had ties to another fake app that has the potential to scam unsuspecting users out of money. While the app's page on Google Play looked legitimate, the researchers said the software itself contains no Trezor branding at all, with a generic login screen phishing for credentials.
"If bitcoin continues its growth trend, we can expect more cryptocurrency scam apps to emerge in the official Android app store and elsewhere." Crypto users are being urged to only trust an app if the company's official website links to it, regularly update their devices and think twice before entering their sensitive information into online forms. Google Play has since removed the apps from its marketplace. Back in November 2018, malware researcher Lukas Stefanko found four fake crypto wallets on the Google Play Store that were posing as official pieces of software for neo, tether and metamask.
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