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Topic: [2017-12-06] Over 10,000 People Have Downloaded Fake Cryptocurrency Apps - page 2. (Read 3427 times)

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It's amazing why Google Play and App Store do not test applications before making them available for download. You can not so carelessly treat safety issues.
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and as more people get into crypto currencies and want to trade to make those quick easy bucks the opportunity for the fake app builders is massive.
"One of the reasons why Poloniex has been so easy to impersonate is because the exchange lacks its own official mobile app" this is where people are being caught out.
I thought Google in particular was vetting all the app's in their play store, I am obviously wrong.
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 Neither the Google Play or App Store is immune from its share of fake, spammy, or fraudulent apps. But it is Android users who tend to suffer most at the hands of unscrupulous developers.
 One of the most egregious apps, which has hoodwinked thousands of users, is simply named Poloniex. Despite purporting to be the “Poloniex ® Offical App” [sic] of the popular cryptocurrency exchange, it is nothing of the sort. Its description boasts of such features as “Possible powerfull [sic] exchange BTC or altcoins.”
 The Poloniex app is by no means the only fraudulent one of its kind – there are at least five apps bearing the Poloniex name on Google Play alone. One of the reasons why Poloniex has been so easy to impersonate is because the exchange lacks its own official mobile app. This leaves a void which scammers have been only too happy to fill.

 https://news.bitcoin.com/10000-people-downloaded-fake-cryptocurrency-apps/
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