The compromised version of Whales Market is being promoted as a sponsored ad on Google search results. This fake version mimics the legitimate website to trick users into linking their digital wallets.
However, it triggers malicious scripts that drain crypto from victims’ wallets. This incident is part of a pattern where scammers use Google to promote fraudulent services.
Google has deactivated 87 fraudulent apps attributed to Sun and Cheung over the past four years, collectively garnering nearly 100,000 worldwide downloads. The lawsuit on this matter did not specify the names of the implicated applications, but it highlights the ongoing challenge of fraudulent activity on Google’s platform.
Crypto.news can confirm that Google is indeed promoting the fake version of Whales Market at the time of the report. This emphasizes the need for users to be cautious when interacting with sponsored ads and to verify the legitimacy of websites and applications before linking their digital wallets.
