• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Google Files Lawsuit Against Chinese Crypto App Operators

user avatar

by Giorgi Kostiuk

2 years ago


Alphabet Inc., the parent company of Google, has taken legal action against two individuals from China who utilized Google's platforms to promote fraudulent cryptocurrency apps. These apps attracted more than 100,000 downloads through Google Play and YouTube. Google alleges that the defendants engaged in racketeering by conducting numerous acts of wire fraud. The lawsuit was officially filed in a New York federal court without a specific date mentioned. The scam apps were created to deceive users into investing in fake digital assets, preventing them from withdrawing any funds. Despite Google's efforts to remove such malicious apps, many have evaded detection systems. The individuals responsible for uploading these apps have been doing so since 2019. Google's general counsel, Halimah DeLaine Prado, emphasized the importance of this legal action as a means of protecting users and deterring future fraudulent activities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

FCA Unveils Landmark Crypto Regulation in the UK

chest

The Financial Conduct Authority (FCA) has published landmark rules for crypto firms in the UK, requiring them to obtain authorization and meet specific standards to enhance consumer protection and market integrity.

user avatarTomas Novak

Ornith10: Tailored for Agentic Coding, Not General AI

chest

Ornith10 is specifically designed for agentic coding tasks, making it unsuitable for general-purpose AI applications.

user avatarKaterina Papadopoulou

DeepReinforce Unveils Ornith10: A Breakthrough in Open Source Coding Models

chest

DeepReinforce has launched Ornith10, a family of open-source coding models available in four sizes, optimized for agentic coding tasks.

user avatarMaya Lundqvist

New Report on Market and Onchain Data Released

chest

A report based on publicly available market and onchain data has been published. This report aims to provide insights into current market trends and dynamics.

user avatarLeo van der Veen

Cryip Emphasizes Commitment to Quality Reporting

chest

Cryip has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarLi Weicheng

Beincrypto's Commitment to Editorial Integrity

chest

Beincrypto has released a report highlighting its strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.