Protect your money! Fake crypto wallets spotted for iPhone and Android

Cryptocurrency is risky enough without having to worry about scams. No matter which one you choose, you will deal with volatile values. Throw in some crooks, and the risk goes up exponentially.

Social media is a goldmine for scammers to find new victims. Now, fake crypto ads are circulating on Facebook and other platforms. The ads use images of well-known industry leaders to lure people into buying crypto that doesn’t exist. Tap or click here to check out our report.

Cybersecurity researchers recently found 40 copycat sites designed to look like legitimate crypto services. The sites advertise crypto wallet apps that are anything but legitimate. Keep reading to find out the risks and protect your finances.

Watch your wallet

Cryptocurrency wallets are physical or digital storage devices for your cryptocurrency. The wallets themselves hold public and private keys, which give you access to your crypto. Tap or click here to learn more about crypto wallets.

Since last year researchers at ESET have been tracking iOS and Android crypto apps containing trojan malware. They also uncovered a spread of Chinese language groups promoting these malicious crypto wallets on the Telegram messaging app.

Evidence shows that a crook is recruiting partners to distribute these bad apps via telemarketing, social media, advertisement, SMS, third-party channels, fake websites and more.

Taking to the web

ESET

ESET researchers also uncovered malicious wallets being distributed via legitimate Chinese websites, with articles containing links to fake wallet apps. The posts used real wallet names such as Coinbase, imToken, Bitpie, MetaMask, TokenPocket, OneKey and Trust Wallet but led to copycat websites.

A thief used another legitimate Chinese website to post an article about Beijing’s crypto ban. The author included a list of genuine crypto wallets to get around the ban, along with links to bogus websites with download links for fake apps.

Different effects on iOS and Android

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Antitrust lawsuits: Google accused of manipulating what you see in web searches

Google is without a doubt the biggest search engine in the world. And when it gets accused of manipulating what you see when browsing the net, it’s bound to get ugly. This is not the first time that the search giant has been accused of antitrust behavior.

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Online tool to stop ads

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Ever feel like online ads know too much about you? I’ll share a simple tool that lets you stop companies from tracking you across the web — and it’s totally free.

His password is 1Forrest1: Tom Hanks is warning fans about online ads promoting “miracle cures and wonder drugs” using an AI-generated Tom. The vids are fakes, of course, created without his permission. This isn’t the first time scammers have stolen Tom’s voice; last October, a deepfaked Hanks was promoting a dental plan online.

Check your phone! 7 scam apps with millions of downloads

Malicious apps are a plague that people have been dealing with for years now. But as bad as these apps are, they tend to have one saving grace: You usually have to go out of your way to find them.

Sure, sometimes malicious apps will disguise themselves as legitimate ones in order to trick people into downloading them. But more often than not, the most dangerous scam apps are found on third-party app stores. Tap or click here to see why this third-party app store should be avoided at all costs.

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ChatGPT's creator unmasked, deepfake dangers in election & why not to say "hello" on phone

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