Apple has issued a major security alert for iPhone users. Apple has removed 14 such apps from the App Store which had become a threat to the security of the users. Through these apps, people were being cheated in the name of investment. The special thing is that some of these apps are already banned in India.
Fraud under the guise of crypto apps
Through these apps, users were lured to invest in crypto by luring high returns. As soon as people invested money in it, their bank account information started leaking and slowly the money started disappearing. Apple decided to remove these apps keeping in mind the privacy and security of the users.
South Korean government gave instructions.
This move by Apple comes after the instructions of South Korea's Financial Services Commission (FSC). The FSC recently took action against 22 unauthorized crypto platforms, including 17 foreign exchanges. These apps did not have any legal license, despite this, they were available on Google and Apple Store.
Already banned in India.
Interestingly, the Indian government has already taken action against these apps. Many apps like Binance, KuCoin, Huobi, Kraken, and Bitfinex have been banned in India and now both these apps have been removed from the stores.
According to the FSC report, these apps could not only steal people's personal information, but the money invested was also at risk. These platforms did not get any government approval for money laundering management and supervision, due to which they were also accused of money laundering.
These are the names of the removed apps.
The apps that Apple has removed include foreign crypto exchanges like KuCoin, MEXC, Phemex, BitTrue, BitGloba, CoinW, and CoinEX. Google has also already removed these apps from its Play Store.
If you are an iPhone user and have downloaded any of these apps, delete them immediately. Also, check the security of your bank account and crypto wallets. Before downloading any unknown app, read its validity and reviews.
Disclaimer: This content has been sourced and edited from Amar Ujala. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
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