A fake Hyperliquid app was discovered on the Google Play Store. It copies the official app’s design, tricking users into entering their wallet details. Once users share their recovery phrases, scammers steal their crypto assets.
Blockchain investigator ZackXBT alerted users about the fake app on Telegram. He criticized Google for not removing the app quickly. One wallet address linked to the app is tagged “0x8c12C21C394D9174c3b1a086A97d2C5523ABb8F5.”
Fake Crypto Apps Found on Apple’s App Store
A similar scam appeared last month on Apple’s App Store. Hackers used old developer accounts to upload fake crypto trading apps. These apps look legitimate and rank high in searches. However, when users send funds, the money is immediately stolen.
Crypto user PixOnChain reported that two victims lost a total of $28,000 to these fake apps.
Tips to Avoid Fake Crypto Apps
- Check the developer’s name matches the official company.
- Download apps only from official project websites, not search results.
- Read user reviews to spot suspicious activity.
- Never share your 12-word recovery phrase or private key with any app.
- Avoid apps with few downloads, poor spelling, or odd permissions.