Google Commerce Ltd, the hoax app that sold fake Ethereum logo for $335 to Android users
Google Commerce Ltd is a name that makes one assume its just another subsidiary of Google Inc and draws no suspicion. And that’s the reason its named that way. The imposter company tricked Android users by selling fake Ethereum token. The malicious act came to light after The Next Web reported about it. The scamsters lured the Android users by offering one Ethereum token for each download which costs $388.
Android users are now worried about the dark web knit by the app developers that appear legal and trustworthy. In such context, the hype surrounding cryptocurrency is leveraged which enable the developers to make the amateurs fall prey to their trick.
Once, the Android application of the company is sold, the users received an Ethereum image. On Google Play Store, the app has been last updated on 14th August 2017 and since then the number of users installing this app has exceeded 100. The malpractice by the company on the Play Store has went unnoticed for a considerable span of time, till it has been reported.
Role of Google Play Protect
Google Play Protect may not have functioned properly since it could not accomplish the detection of a fake application, which did not even ask for users’ login credentials. Despite, Google Play Protect being Android’s built-in protection for malware it failed to detect that the app was not a clone. The Ethereum app was designed in such manner that the users were neither sceptical nor reluctant to make payment for the application. It is quite obvious that till the moment the event was exposed, payouts from the company has been directed towards Google Play Store.
The event is significant enough to make the users raise question on the credibility of Google. It failed to take steps for the prevention of such apps making their presence on the Play Store. Google, however, is addressing these issues by imposing ban on the crypto mining apps.
Now, if other serious contexts are also taken into consideration, Google has acted effectively by banning apps based on abusive contents. Google Play has also detected over the past few years apps which have impersonated prominent digital wallet companies and crypto exchanges.
Image via Shutterstock
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