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.
Google Crypto Scammers Play Store Fraudulent Apps Cryptocurrency Trading Legal Action
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