Fake Uniswap app steals money from users
The digital security problem is becoming more acute. Many users regularly fall for the tricks of scammers working in the crypto industry. Every day, more and more dishonest applications and sites are being created that steal money from ordinary cryptocurrency owners. Often, such resources are masked, pretending to be the official sources of large companies. Something similar happened with the Uniswap cryptocurrency platform. Unknown scammers have created an analogue of the exchange application, which started working on Google Play and has already managed to deceive users for more than 20 thousand dollars. How to avoid becoming a victim of scammers and what you need to know about a dishonest project? Let’s figure it out.
First of all, it is necessary to clarify what exactly became known about the dishonest platform. Uniswap is a large and fairly progressive digital exchange used by millions of users for daily money transfers. We have repeatedly reviewed the innovations of this platform, noting its adopted innovations and other advantages. Apparently, not only we and ordinary users know about the popularity of Uniswap. But also scammers. Who created a copy of the exchange’s mobile application and placed the program on Google Play. As a reminder, the service is used to install applications on smartphones running Android. The posted program was a success. A large number of users fell for the scam, at least 100 people. However, the real number of victims of the dishonest project remains unknown.
Inside, the application resembled the classic Uniswap functionality as much as possible. Users could also log into their own profile, enter money and start selling and buying digital coins. But, of course, after the introduction of the amounts, the application began to steal user funds. The money was simply not withdrawn, hung during the transfer or did not reach the recipients. Thus, the scammers managed to deceive a fairly large trader who wanted to trade through a mobile application. The amount of the scam was as much as 20 thousand dollars.
Technical details of the fake Uniswap app
The application was released with hundreds of cheated reviews, which became the reason for the commercial success of the dishonest program. At the moment, the scam has been solved, ordinary users, as well as official representatives of Uniswap, recommend refusing to use the mobile version. Also, users note that the Uniswap company, in principle, does not have a mobile application. That is why we strongly recommend transferring the entered money to another wallet, if such an opportunity arises. Otherwise, the probability of complete loss of digital accumulations is high. Note that at the time of this writing, the app is still available for download. However, download should be discarded.
In order not to become a victim of future scams of dishonest users, you just need to follow one of the following digital security rules:
- Be sure to check the publisher of the application. Very often, fraudsters fail to copy the legal entity of a forged company. A scam can be detected at this stage;
- Follow industry updates. If Uniswap really did have a mobile app, the big news outlets would definitely tell about the innovation. We constantly inform our readers about new products from well-known companies;
However, it is unclear why Google allows the hosting of blatantly dishonest programs on its own site. While we are waiting for the blocking of a fictitious mobile application, it is important to stay aware of all the current events in the world of Blockchain and cryptocurrencies. Follow the industry news with us. We publish only high-quality and interesting material. Thanks for attention, stay alert. Good luck!