News and Analytics

0

Google Files Lawsuit Against Chinese Crypto App Operators

Apr 4, 2024

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.

Comments

Latest analytics

How Artificial...

How Artificial Intelligence on Superintelligence.io is...

XLINK and its Role...

XLINK and its Role in the Blockchain Ecosystem

Show more

Latest Dapp Articles

Show more

You may also like