Cheap Chinese Phones: Trojan Apps Steal Your Crypto Dreams!
Cheap Chinese Android phones are going viral for all the wrong reasons, thanks to built-in malware posing as WhatsApp and Telegram. Dubbed “Shibai,” these apps stealthily swap out crypto wallet addresses, leaving users’ pockets emptier than a desert. Doctor Web says this crypto-stealing spree has been going strong since June 2024!
Hot Take:
Looks like some cheap Chinese phones come with a side of crypto-stealing malware! Who knew your bargain smartphone would come with a built-in feature to “donate” your crypto assets to strangers? It’s like a surprise party, but the surprise is on you and the party is at a hacker’s wallet.
Key Points:
- Cheap Chinese Android phones are shipping with trojanized WhatsApp and Telegram apps.
- The malware swaps crypto wallet addresses to steal funds.
- Attackers spoofed device specs to trick users into thinking they have more advanced phones.
- Over $1.5 million has been stolen via these malicious apps.
- Previous incidents of pre-installed malware on Android devices have been reported.
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