Cyber Forensic Specialist
Cyber-Forensics.net
Cryptocurrency scammers target investors and ask users to download cloud mining apps. Instead, these are fake apps meant for stealing personal information.
— Timothy Benson
SOFIA, BULGARIA, March 26, 2022 /EINPresswire.com/ — There is no shortage of people interested in learning how cryptocurrency mining works. But cybercriminals are actively exploiting the interest of those individuals not just to deploy crypto-mining malware but also to create fake applications to target those willing to invest in digital coins.
Security researchers have recently identified over eight deceptive mobile applications that disguised cryptocurrency cloud mining apps. Scammers created these fake apps to trick coin-holders into investing money into a bogus cloud-mining project.
Cyber-Forensics.net, a cyber forensics service dedicated to helping online scam victims, recently identified how scammers pull off these scams? The so-called cloud mining apps forced users to watch fake ads on social media. In addition, the apps also needed to be downloaded and required a subscription fee of US$15.
Crypto Scam Recovery specialist Peter Thompson probed the details of the scam and revealed the following information:
“Reports indicate that over 120 fake cloud mining apps…
