The Ethereum Scam app appears on Google Play Store, Reports of Malware Researchers



The Google Play Store of Android has recently become a space to host another Ethereum scam application (ETH), The Next Web reports on August 21

Lukas Stefanko, a malware researcher from Slovakia , found a "Ethereum" fraudulent application on Google Play that had allegedly been offered for purchase at a price of € 335 or about $ 388, according to The Next Web.

In August 20 tweet the researcher noted that the purchase of the app is "not the same" as a purchase of Ethereum, which implies that its recent discovery is a cryptographic scam intended to defraud users by imitating the original Ethereum altar, which is worth about $ 290 at the time of printing.

  Scam "src =" https: // s3. cointelegraph.com/storage/uploads/view/c01ca256f47908c3808a29eac4a981ed.jpg "title =" Scam "/> </p>
<p dir= Screenshot by Lukas Stefanko Twitter

Stefanko's tweet shows that the scam app, which was described via Go Ogle Translate as "just an Ethereum", was developed by the so-called "Google Commerce Ltd" and managed to accumulate over 100 installations from the last update of August 2017 at the time of the report .

The real name of the developer of applications supported by Google on Google Play Store is "Google LLC." At the time of printing, the application is not available on Google Play.

On July 27th, Google He had banned the cryptography apps on his Play Store, allowing only remote control for mining applications According to The Next Web, despite the recent ban, many illicit apps like JSEcoin still appear in the store, noting that Google developers have 30 days from the modification date of the policies to comply.

In early April, the tech giant had also announced a ban on all mining extensions from its Chrome Web Store, as well as all browser extensions for cryptocurrency. And in March, Google followed Facebook's move by announcing a ban on all encrypted ads for all types, a step that would later affect cryptographic markets.


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