Fake crypto mining apps: Tech experts advise never to download such financial apps from third parties. Any mobile app should be downloaded from Google Play Store or from Apple Store itself.
So far 93000 people are victims of scams.
Fake crypto mining apps: There has been a huge increase in the number of cryptocurrency investors in the last one year. Despite not getting legal recognition, investment in it is growing very fast. Due to the absence of a regulator, it is also not known which platform is reliable for investment and which is not reliable. In such a situation, scams are being done on a large scale with the help of fake apps.
Security firm Lookout has said in its recent report that there are about 170 such Android apps that claim to facilitate cryptocurrency mining. For this, they also charge users, but this is a kind of scam. Out of these 170 Android apps, 25 apps are also available on Google’s Play Store. After receiving the complaint, Google has removed these apps from its Play Store. It is believed that these apps have defrauded the investors of $ 3.5 lakh i.e. more than 25 million so far. So far this scam has happened with 93000 people.
These fake apps also charge users
In such a situation, if you are also thinking of downloading any crypto mining mobile app, then it is important to first find out whether you are falling victim to any scam. According to the report of Lookout, these apps also used to charge users for crypto mining. This charge ranges from $ 12.99 to $ 259.99 i.e. from Rs 900 to Rs 19000. This payment is said to be done by Google Pay. These apps claim that with its help digital currency like Bitcoin, Ethereum can be mined.
Such fake apps dodge even Google
There have been complaints of fake apps on the Google Play Store in the past as well. Tech experts say that such fake apps dodge Google’s internal checks and detections and do not directly do any work that is against Google’s policy. This is the reason why the presence of these apps remains in the Play Store for a long time.
If the app is resetting or crashing again and again, then take care
When you download such a mobile app, be very careful about what access it is asking for. Is it also asking for non-essential access? Apart from this, also keep in mind whether this app resets frequently or crashes. If this happens then you need to be careful.
Never use third party apps
Tech experts advise never to download such financial apps from third parties. Any mobile app should be downloaded from Google Play Store or from Apple Store itself. This reduces the risk significantly. Fake app does not have any kind of term whereas in original apps term and condition are written. If a mobile app is new, then definitely read the reviews of users about that app.
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