Google has accused Yunfeng Sun of Shenzhen and Hongnam Cheung of Hong Kong of defrauding about 100,000 users through fake cryptocurrency investment apps. The tech giant claims the two individuals uploaded 87 bogus apps on the Google Play Store to target users in the US and Canada. The lawsuit filed in New York federal court alleges that the developers ran a pig-butchering scam, involving fake cryptocurrency exchanges and investment platforms to lure victims into making substantial financial losses. Scams like these have become increasingly prevalent, with victims being enticed to invest their money only to find they are unable to withdraw funds or contact the scammers. The lawsuit highlights the global impact of such fraudulent operations and the ongoing efforts to combat them.
Google Lawsuit Exposes Chinese Developers’ Cryptocurrency Scam on Play Store, China
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