Fake cryptocurrency apps are rampant in the application stores or the internet today, and these dubious platforms aim to steal money from their victims, which are now more than 200 and counting. The FBI warned the public to be more careful in their online and cryptocurrency transactions, as there are more than $42 million stolen from the public.
Threat actors are getting more ingenious in their schemes and scams that significantly affect the general public.
Fake Cryptocurrency Apps: Stole Over $42M, More than 200 Victims
(Photo : NHAC NGUYEN/AFP via Getty Images)
This photo illustration shows a Vietnamese cryptocurrency investor looking at the latest Bitcoin values on a smartphone in Hanoi on April 12, 2018.
The Federal Bureau of Investigation’s Cybercrime Division released a PSA for the entire country and the world regarding the rise of fake cryptocurrency apps that steal money from users. This public service announcement encourages people to be vigilant in online transactions, especially with apps that offer wallets and the like.
The agency said there had been more than 244 victims in the past regarding the fake crypto apps, and the threat actors already stole a massive $42 million from the public, which is not yet done. The threat actors are more persuasive in letting people download their apps and are primarily targetting US investors that want to grow their assets with cryptocurrency.
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