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Google cracks down on scammers behind fake cryptocurrency apps
Google has taken legal action against scammers behind fake cryptocurrency apps. The tech giant has filed a lawsuit against three scammers who allegedly created dozens of fraudulent apps to steal cryptocurrency.
Google has been accused of defrauding more than 100,000 people around the world by distributing fake cryptocurrency apps through its Google Play store, CNBC reported.
The lawsuit was filed on April 4 in the Southern District of New York. The move represents Google’s efforts to combat cryptocurrency scams and aims to set a legal precedent for user protections.
Civil claims litigation
The defendants identified in the civil claim lawsuit as Yunfeng Sun (alias Alphonse Sun) and Hongnam Cheung (alias Zhang Hongnim or Stanford Fischer) are accused of orchestrating a fraudulent operation by publishing at least 87 fake investment and cryptocurrency trading apps on Google Play.
Google has been accused of defrauding more than 100,000 people around the world by distributing fake cryptocurrency apps through its Google Play store, CNBC reported.
The lawsuit was filed on April 4 in the Southern District of New York. The move represents Google’s efforts to combat cryptocurrency scams and aims to set a legal precedent for user protections.
Civil claims litigation
The defendants identified in the civil claim lawsuit as Yunfeng Sun (alias Alphonse Sun) and Hongnam Cheung (alias Zhang Hongnim or Stanford Fischer) are accused of orchestrating a fraudulent operation by publishing at least 87 fake investment and cryptocurrency trading apps on Google Play.
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