Google sues crypto scammers for allegedly uploading fake apps to Android app store
Google filed a lawsuit on Thursday against a group of crypto scammers, alleging they defrauded more than 100,000 people across the globe by uploading fraudulent investment and crypto exchange apps to Google Play.
Google says it's the first tech company to take action against crypto scammers, and is doing so as a way to set a legal precedent to establish protections for users. The lawsuit claims the defendants made "multiple misrepresentations to Google in order to upload their fraudulent apps to Google Play, including but not limited to misrepresentations about their identity, location, and the type and nature of the application being uploaded."
The Alphabet -owned company is bringing civil claims under the Racketeer Influenced and Corrupt Organizations (RICO) law as well as breach of contract claims against the group of scammers, who the company said created and published at least 87 fraudulent apps to dupe users.
"This is a unique opportunity for us to use our resources to actually combat bad actors who were running an extensive crypto scheme to defraud some of our users," Halimah DeLaine Prado, general counsel at Google, told CNBC Crypto World in an exclusive on-camera interview.
