Over 17 Bitcoin STOLEN By FAKE Trezor Wallet App! #CRYPTOSCAM BTC Scam Warning Video from @Kubera TV

Fake bitcoin/crypto wallet apps are popping up on the apple app store and google play store. Many of these people unfortunately didn't do their research, and thus lost collectively over a few million dollars. Just this one user lost 17.1 BTC which is worth now well over $1mn. Another user lost what now is tens of thousands of dollars. And altogether these are just 2 cases from over 2,000 people who downloaded 3 sketchy wallet apps. ALWAYS VERIFY, ALWAYS DOUBLE CHECK AND PROTECT YOUR KEYS!! These scams aren't complex, but many new to crypto are easy prey

#BITCOIN #CRYPTOWALLETS #CRYPTOSCAM

Link:
https://decrypt.co/63508/fake-trezor-iphone-app-scams-user-out-of-600000-in-bitcoin

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#BTCscam #BTCscams #CryptocurrencyScams

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Phillipe Christodoulou wanted to examine his bitcoin balance last month, so he searched the App Store on his apple iphone for "Trezor," the manufacturer of a little equipment device he uses to save his cryptocurrency. Up popped the business's lock logo set against a brilliant environment-friendly background. The app was ranked close to five stars. He downloaded it and key in his qualifications.

In less than a second, almost all of his life savings-- 17.1 bitcoin worth $600,000 at the time-- was gone. The app was a phony, developed to fool people right into believing it was a genuine app.

But Christodoulou is angrier at Apple than at the burglars themselves: He claims Apple marketed the App Store as a secure as well as relied on area, where each application is reviewed prior to it is allowed in the store.

Christodoulou, once a faithful Apple consumer, stated he no more admires the firm. "They betrayed the depend on that I had in them," he claimed in an interview. "Apple does not be worthy of to escape this."

Apple bills its App Store as "the globe's most relied on market for apps," where every entry is checked and also assessed, guaranteeing they are safe, safe and secure, valuable as well as special. Yet in fact, it's easy for scammers to prevent Apple's regulations, according to experts. Lawbreaker app programmers can damage Apple's rules by submitting seemingly innocuous apps for approval and after that transforming them into phishing applications that fool people into surrendering their information, according to Apple. When Apple finds out, it eliminates the applications and bans the programmers, the firm claims. Yet it's too late for the people that fell for the scam.

The 'App Store' before there was an App Store intends to free your iPhone ... again

Crypto scams are additionally common on Google's Android and also on the internet. But their existence on the Apple App Store is much more shocking due to the fact that Apple claims it curates the shop and checks each app, which creates high degrees of customer trust. The 15 to 30 percent compensation Apple collects on all sales on the App Store goes to fund the "highly curated" client experience, the company has said.

" User count on goes to the structure of why we produced the App Store, and we have just deepened that dedication in the years because," said Apple spokesperson Fred Sainz. "Study after research study has revealed that the App Store is one of the most secure app market in the world, and also we are constantly at the office to maintain that typical as well as to additionally reinforce the App Store's defenses. In the restricted circumstances when offenders defraud our customers, we take swift action versus these actors as well as to avoid similar offenses in the future."