Fake beta-testing apps enlisted to rob cryptocurrency, FBI reports
Fake beta-testing apps enlisted to rob cryptocurrency, FBI reports

Fake beta-testing apps enlisted to rob cryptocurrency, FBI reports

Share Tweet Post Share Post Email The U.S. Federal Bureau of Investigation (FBI) warned that fraudulent beta-testing applications were masquerading as genuine cryptocurrency investment platforms to steal funds from unsuspecting victims, according to an Aug. 15 notice . The law enforcement agency revealed that cybercriminals engaged victims through dating and networking apps. These malicious actors persuaded individuals to download harmful beta-testing apps, disguising them as tools like cryptocurrency exchange platforms, thereby facilitating theft. FBI continued that these victims usually input their legitimate account information into the application and unwittingly send money they believe would be invested in cryptocurrency to the scammers. According to the FBI, the malicious codes in these applications allow criminals to steal personal information, access the victim’s financial account, or even take complete control of the device. The agency noted that the criminals could include these malicious codes in their applications because beta testing was not subject to the review process by mobile operating systems. The warning comes amidst the waves of recent complaints from some crypto users who said they lost their assets after downloading malware disguised as a play-to-earn game. Blockchain analytical firm CertiK recommended that crypto users “should verify publishers, read reviews, and watch for odd permissions or malware signs.” Job listing scams Meanwhile, the FBI warning is coming a few days after ZachXBT uncovered a scam job posting by Eco Land on a crypto job board website, cryptojob.com. Pau Bonnet, a job applicant, detailed how he lost all crypto assets in his hot wallet after applying for a job through Eco Land. Another user Leandro Henflen also said that his antivirus saved him from installing malicious software from Ecotechland on his computer after they offered him to try a game through the job listing. Earlier in the year, NFT_Dreww pointed out several elaborate social engineering job scams on Cryptojobs. Last year, CryptoSlate reported how North Koreans were impersonating experts using fake resumes and identities to steal insider access to crypto jobs. Posted In: U.S. , Crime Author Oluwapelumi Adejumo Journalist at CryptoSlate Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power. Editor Liam 'Akiba' Wright Senior Editor at CryptoSlate Also known as "Akiba," Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change. Latest Report Jobs, food, and oil: The key drivers that could re-accelerate inflation CryptoSlate's latest market report dives deep into the potential forces that will most likely keep inflation rising in the coming months. Andjela Radmilac · 2 days ago Latest FBI Stories NFT thefts decline as FBI exposes new developer impersonation scams Crime 6 days ago 2 min read SBF hoarded too much data for the FBI to handle Crime 5 months ago 2 min read FBI seizes $260k of assets including ETH, Bored Ape following ZachXBT tip Crime 6 months ago 2 min read Press Releases // View All Advertise Here Ethcon Korea 2023: The Ethereum Developer Conference and Hackathon, Now Open for Registration Chainwire 51 mins ago Go!Labs Empowers Global Change Through AI-Powered Engagement and Community Challenges Chainwire 14 hours ago Ethereum-Based BTCX Token Raises $1.5M to Build the World’s First Bitcoin Xin Blockchain Chainwire 1 day ago Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

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