Google has taken legal action against a group of individuals it accuses of defrauding over 100,000 people globally by distributing counterfeit crypto apps through its Google Play store, CNBC reported.
The lawsuit was filed in the Southern District of New York on April 4. The move represents Google’s effort to combat crypto scams and aims to set a legal precedent for user protection.
Civil claims lawsuit
The defendants, identified in the lawsuit as Yunfeng Sun, also known as Alphonse Sun, and Hongnam Cheung, alias Zhang Hongnim or Stanford Fischer, allegedly orchestrated a fraudulent operation by posting at least 87 fake investment and crypto exchange apps on Google Play.
Google’s complaint states that these individuals provided false information regarding their identities, locations, and the nature of their apps.
Google’s general counsel Halimah DeLaine Prado highlighted the significance of the lawsuit in addressing crypto fraud, which has resulted in substantial losses in the US
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