Play Store app fronted crypto wallet scam leaving 150 victims out $70,000

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Play Store app fronted crypto wallet scam leaving 150 victims out $70,000
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Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.

An app found listed in the Google Play Store targeted web3 users by being given a name that sounded very much like the title of a real open-source protocol for connecting decentralized apps on blockchains and wallets., the app is called WalletConnect which was done by the attackers to confuse it with the legitimate WalletConnect protocol. The tile image for the app happened to be the logo for the real WalletConnect protocol.

Fke reviews hiked the rating of the app and drowned out the negative reviews from victims. | Image credit-Check Point Research Searching for WalletConnect in Google Play would bring up the bogus app at the top of the list. | Image credit-Check Point Research "Android users are automatically protected against known versions of this malware by Google Play Protect, which is on by default on Android devices with Google Play Services. Google Play Protect can warn users or block apps known to exhibit malicious behavior, even when those apps come from sources outside of Play."-Google spokesman

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