7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store

Sophos released new findings on CryptoRom scams—a subset of pig butchering schemes designed to trick users of dating apps into making fake cryptocurrency investments. Since May, Sophos X-Ops has observed CryptoRom fraudsters refining their techniques, including adding an AI chat tool, like ChatGPT, to their toolset. Scammers also expanded their coercion tactics by telling victims their crypto accounts were hacked and more upfront money is needed. Researchers additionally discovered that scammers could sneak seven new … More →

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