A new scheme was found by Check Point Research (CPR), the said malicious app is designed specifically for the users of cryptocurrencies on the official Google Play Market. The app was launched nearly five months ago and defrauded over 150 individuals and stole over $70,000. Using the secure Wallet connect protocol to sign a malicious transaction, the attackers drove the users’ funds dry. The creation was immensely complex and could not be reduced to an application of malware; it was involved in an extensive social engineering process, it managed to manipulate Google rankings and the app’s identity was encrypted. To be precise while thousands of downloads were made, not every user connected their wallets to the app and those who did reported a scam noted a few minutes into the app’s usage.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed