FBI warns hackers are using fake crypto apps to defraud investors

The FBI has issued a public warning about fraudulent cryptocurrency investment apps after hackers posing as legitimate services stole tens of millions of dollars from U.S. investors.
In an advisory published on Monday, the law enforcement agency said hackers have been posing as legitimate cryptocurrency investment organizations in an effort to convince investors to download fraudulent apps. After downloading the apps — which use the names, logos and other identifying information of legitimate services — victims found themselves unable to withdraw funds supposedly deposited into their accounts.

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