Ethereum thieves are targeting Android users with fake MyEtherWallet

Android users get targeted by ethereum thieves with fake MyEtherWallet apps.

The craze for crypto currency in the society is increasing by the day. The most prominent consequence of this craze is that people nowadays are more interested in downloading a wallet on their phones. This paves way to the scammers. As it seems that they have found a way to exploit this trend, and are now actively seeking opportunity to dupe gullible ethereum holders with malicious MyEtherWallet Support Number copycats on Google play.

Lukas Stefanko, a malware researcher has taken his twitter handle to warn users about the malicious instance of the popular ethereum wallet that is currently being distributed on google’s official mobile software platform- android. And told that once it is installed the shady copycat ask the user to fill in their private key to log in.

Lukas’s tweet said “there is a fake MyEtherWallet on Google play that requires user’s private key or mnemonic phrase to log in.

BTW there isn’t any official MyEtherWallet yet.”

As per Google play’s data this malicious myetherwallert instance first made its way to the platform on January 18. Since then it has been downloaded between 100 to 500 times.

Fortunately number of users could figure out that the app is malicious and is seeking to phish their private key.

One specific concern of this scam is that the malicious app have stacked a decent rating of 3.8 stars at the time of writing with more than 30 positive reviews.

Vitalik Buterin, founder of ethereum have asked users to be extra carefulif someone is posing as the original wallet asking them to send funds.

After this the fraudulent copycats of popular exchange binance which seeks to turn users into affiliates.

Hence important tip for the users is that pay attention to the apps that you download and remember to never share your private key.