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Scam App Mimicking Ether Appears on Google Play Store

Scam App Mimicking Ether Appears on Google Play Store

Lukas Stefanko, a malware specialist from Slovakia, spotted a fraudulent "Ethereum" application on Google Play and shared his discovery on Twitter August 20.

Not What It Seems

In the tweet, the specialist noticed that purchasing the application is "not the same" as buying Ethereum, meaning that the app is a crypto scam made to defraud users by imitating the actual altcoin currently worth around $290.

The app had been allegedly offered at cost of €335 (around $388), as indicated by The Next Web.

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