Approximately 100,000 users have downloaded these fraudulent apps from Google Play, but the amount of lost user funds remains unknown.
Google’s parent company, Alphabet Inc., filed a lawsuit against two people based in China for using the company’s platform for scam cryptocurrency apps that amassed over 100,000 downloads.
The online giant alleged that the defendants engaged in a pattern of racketeering after committing hundreds of acts of wire fraud. The lawsuit was filed Thursday morning in a federal court in New York, according to an April 4 Bloomberg Despite Google continually taking fraudulent apps offline, many have bypassed its fraud detection systems. The two scammers first started uploading the racketeering apps in 2019.
“This litigation is a critical step in holding these bad actors accountable and sending a clear message that we will aggressively pursue those who seek to take advantage of our users.
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