Google Sues Crypto Scammers for Fraudulent Investment Apps That Tricked Over 100,000 Users

• Google is suing two alleged crypto scammers for using its Play Store to offer 87 fraudulent trading and investment apps that scammed over 100,000 users out of $100 to tens of thousands each.

• The scam worked through romance scams and YouTube videos to convince victims to download the apps and invest money they would never get back.

• Google says it suffered over $75,000 in damages investigating the fraud after it received user complaints.

• The scam convinced victims they could earn commission promoting the fraudulent apps as affiliates.

• Google is seeking to block further fraud and be awarded unspecified damages for terms of service violations.