FBI Warns About Fake Crypto Apps!

7/19/2022, 07:04 PM
FBI Warns About Fake Crypto Apps!
The FBI has recently issued a warning about fake cryptocurrency apps that have scammed investors out of over $40 million in bitcoins and other coins. These apps have been used to convince victims to install them and then deposit funds into their wallets. Over 244 victims have been scammed.

The scams have been taking place since October 2021 and have been carried out by a group that operates under various names.
One case involved a company called YiBit that defrauded victims of $5.5 million.
Another app, called Supayos or Supay, asked for deposits and then froze one user's funds after telling him the minimum balance requirement was $900,000. The FBI is urging investors to be cautious when dealing with any cryptocurrency investment services and to only download apps from trusted sources.

The FBI has observed cyber criminals contacting US investors, fraudulently claiming to offer legitimate cryptocurrency investment services, and convincing investors to download fraudulent mobile apps, which the cyber criminals have used with increasing success over time to defraud the investors of their cryptocurrency
- FBI

To make it clear. To above apps are fake and only made to steal your money. Any desposit will be lost. So take care what kind of apps you install and dont fall for deceptively lucrative offers.