[nblgbg]

I don't know anything about this app, and this is the first time I'm hearing about it. Does this app somehow generate revenue? Is that the reason it took them so long to act? Or is it that so few people downloaded it, resulting in fewer complaints compared to the number of downloads? I know Google has been getting worse over time. I'm just trying to understand why it took them so long to act when they actively penalize smaller developers!

[altacc]

It's crpyto pig butchering scam. The app is a fake crypto trading app that shows the user a fake balance of their portfolio. The victim is sending crypto to the scammer's wallet independently of the app. They are shown fake profits and when they try to withdraw they are told they need to pay fees, taxes or more deposits to activate the withdrawal. Often this is when victims hand over most money as they are trapped in loss aversion mode, throwing money at the scammer in the hope of getting back what they've sent before. There are thousands, if not tens of thousands of these apps but mostly websites active at any time.

[efilife]

Holy shit, this is terrible

[omoikane]

> so few people downloaded it

The article says "at least five other users of the app had similar experiences", so the lower bound is 5 users in 3 months.