A U.S. lawmaker wants answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about how they prevent fake cryptocurrency apps appearing on their app stores. crypto
A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play store. “Millions of Americans use mobile apps to invest in unregulated digital assets,” said Senator Sherrod Brown. “Reports have emerged of fake crypto apps that have scammed hundreds of investors.
Senator Brown’s letters followed a warning by the Federal Bureau of Investigation against fake cryptocurrency apps that have scammed hundreds of investors for losses ofThe lawmaker told the chief executives of Apple and Google, “Millions of Americans use mobile apps to invest in unregulated digital assets, including cryptocurrencies,” noting that “Crypto mobile apps are available to the public through app stores,” including Apple’s App Store and the Google Play store.
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