Google has filed a lawsuit against two alleged crypto scammers, accusing them of running a sophisticated “pig butchering” scheme through fraudulent apps on the Google Play Store. The tech giant aims to hold these bad actors accountable and send a strong message against exploiting its users.
The alleged scammers, based in China and Hong Kong, are accused of uploading 87 fraudulent cryptocurrency trading apps and investment platforms to the Play Store. These apps were used to lure more than 100,000 unsuspecting victims into investing money they would never get back, with reported losses ranging from $100 to tens of thousands of dollars per individual.
