FBI Warns Fake Cryptocurrency Apps Are Defrauding Investors

Cybercriminals are creating fake cryptocurrency apps in an effort to defraud investors, according to a Monday warning from the FBI. The bureau’s cyber division identified 244 victims that have been swindled by fraudulent apps, accounting for an estimated loss of $42.7 million. . The fake cryptocurrency apps have used the names, logos and other identifying information of legitimate apps, said the FBI.

Link: FBI Warns Fake Cryptocurrency Apps Are Defrauding Investors
via http://www.cnet.com

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