Fake Android App Sells ETH Logo for 335 Euros

News
Wed, 08/22/2018 - 09:53
Yuri Molchan
An app located on Google Play sells anybody one ETH coin for €335. Experts on malware have recently found it in the course of his research. 100 people fallen for the scam
Cover image via U.Today

An app located on Google Play, supposedly, sells anybody one ETH coin for €335 (about 100 euros higher than it can be bought on exchanges). Experts on malware have recently found it in the course of his research.

Until now, 100 people have fallen for the scam and bought the app. The producer is shown as Google Commerce Ltd. And it all looks completely legitimate. In fact, according to the expert, all customers are buying is the ‘Ethereum’ logo.

Now the app has been taken out of the store, despite the fact that its last update took place one year ago.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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