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Search engine giant Google sued by alleged cryptocurrency scammer over fake Android app: Report

thedailyposting.comBy thedailyposting.comApril 4, 2024No Comments

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Tech giant Google has reportedly filed a lawsuit against cryptocurrency scammers who allegedly used fake Android apps to lure victims.

Google is suing Chinese nationals Yunfeng Sun and Hongnam Cheung in New York for allegedly stealing tens of thousands of dollars worth of digital assets from Google Play App Store customers, according to a new report from Reuters.

According to Google, the two used social engineering to trick people into visiting fake Android apps via text messages.

According to Reuters, as stated in Google’s complaint,

“Although the text message claims to be from a wrong number, the sender of the text message begins a conversation with the victim and develops a ‘friendship’ or ‘romantic attachment.'”

According to Google, scammers can persuade their targets to invest money in a fake app and only be able to withdraw a small amount of “returns” before it disappears completely.

“When users tried to withdraw large amounts of their ‘earnings’, they were asked to pay more money.” The victim complained to his ‘friend’ and ‘lover’ who very kindly guided him through the process. When you say that, that “friend” or “lover” just disappears.”

The search engine giant said Sun and Cheung also used YouTube videos, fake press releases and social media marketing to lend legitimacy to their apps.

According to the report, Google said it needed to disable 87 fake apps associated with bad actors that were downloaded a total of 100,000 times around the world.

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Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that transfers and transactions are made at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets. The Daily Hodl is also not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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