The report states that as soon as the user installed and opened these fake apps, the app would take them to a fake interface and ask for the seed phrase. Highlights
- There were more than 20 such fake apps on Google Play Store
- This is what real crypto wallets looked like
- They used to steal the users' 12-word recovery phrase (seed phrase)
If you also manage your crypto wallet with a mobile app, then this news is very important for you. A new report by Cyble Research & Intelligence Labs (CRIL) has revealed that there were more than 20 such fake apps on Google Play Store, which looked like real crypto wallets but were actually designed to steal user data and funds. According to CRIL, these apps look like popular wallets like SushiSwap, PancakeSwap and HyperLiquid, but they included codes that stole the 12-word recovery phrase (seed phrase) of users.
The report states that as soon as the user installs and opens these fake apps, the app takes them to a fake interface and asks for the seed phrase. As soon as the user enters this information, it is sent to the hackers' server and full access to the user's wallet goes into their hands. These apps were uploaded in the name of the real developer, so that both presence and trust remain on the Play Store. CRIL says that a whole cyber operation was working behind these apps.
Google has currently removed most of these apps from the Play Store, but the report clearly states that the danger is not completely averted yet. Users have been advised to carefully check the developer information, app reviews and permissions of any app before downloading it. Most importantly, if any app asks you for a seed phrase, then understand that it is fake. No real crypto wallet app ever needs a seed phrase. After this report of CRIL, cyber security agencies are also in alert mode. If you have recently installed a new crypto wallet app, it would be better if you check it immediately and remove it if necessary. Also keep Play Protect on and reconfirm the security of your wallet. For the latest tech news , smartphone reviews and exclusive offers on popular mobiles, download the Gadgets 360 Android app and follow us on Google News .
The report states that as soon as the user installs and opens these fake apps, the app takes them to a fake interface and asks for the seed phrase. As soon as the user enters this information, it is sent to the hackers' server and full access to the user's wallet goes into their hands. These apps were uploaded in the name of the real developer, so that both presence and trust remain on the Play Store. CRIL says that a whole cyber operation was working behind these apps.
Google has currently removed most of these apps from the Play Store, but the report clearly states that the danger is not completely averted yet. Users have been advised to carefully check the developer information, app reviews and permissions of any app before downloading it. Most importantly, if any app asks you for a seed phrase, then understand that it is fake. No real crypto wallet app ever needs a seed phrase. After this report of CRIL, cyber security agencies are also in alert mode. If you have recently installed a new crypto wallet app, it would be better if you check it immediately and remove it if necessary. Also keep Play Protect on and reconfirm the security of your wallet. For the latest tech news , smartphone reviews and exclusive offers on popular mobiles, download the Gadgets 360 Android app and follow us on Google News .
