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Crypto wallet drainer was on Google Play for months, stole K: Report

Crypto wallet drainer was on Google Play for months, stole $70K: Report

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Source: Coin Telegraph

The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research.

IT security firm Check Point Research has uncovered a crypto wallet drainer that used “advanced evasion techniques” on the Google Play store to steal over $70,000 in five months.

The malicious app disguised itself as the WalletConnect protocol, a well-known app in the crypto space that can link a variety of crypto wallets to decentralized finance (DeFi) applications.

The company said in a Sept. 26 blog post that it marks “the first time drainers exclusively targeted mobile users.”

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Author: Jesse Coghlan