Security Reminder: Experts Uncover Cryptocurrency Theft Campaign Targeting Android and iPhone Users “By mimicking Coinbase, imToken, MetaMask, Trust Wallet, Bitpie, TokenPocket, or OneKey, these malicious apps were able to steal victims’ secret seed phrases,”

Security Reminder: Experts Uncover Cryptocurrency Theft Campaign Targeting Android and iPhone Users “By mimicking Coinbase, imToken, MetaMask, Trust Wallet, Bitpie, TokenPocket, or OneKey, these malicious apps were able to steal victims’ secret seed phrases,”

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  1. tldr; Researchers have exposed a sophisticated operation that mostly targets Chinese consumers and uses copycat apps on Android and iOS to imitate legal digital wallet services in order to drain cryptocurrency assets. The wallet services are said to have been distributed through a network of over 40 counterfeit wallet websites that are promoted with the help of misleading articles posted on legitimate Chinese websites, as well as by recruiting intermediaries through Telegram and Facebook groups.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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