Fake EOS Wallet Found Stealing User Funds

A fake EOS wallet app on the Google Play store has been stealing cryptocurrency.

The fake app, SimplEOS was designed to mimic the appearance of other apps made by EOS RIO. Once downloaded, the wallet app would steal funds by deceiving users into divulging their private keys.

Following the app's appearance, EOS RIO warned the community in a Tweet that the group currently has no apps in the Google Play store.

SCAM ALERT 🚨. There is a fake SimplEOS app on Google Play! We've taken the security measures to take it down! Please help us spread the word to avoid users from being hacked!The secure way to download your SimplEOS is on https://t.

Fake wallet apps do their best to imitate the real thing in an attempt to gain a user's login credentials and clean out their crypto wallets.

Sticking with trusted developers is usually a great way to make sure you aren't downloading a fake app.

Luckily, once EOS RIO was made aware of the app, the group published warnings to ensure the community was informed.

Not The First Fake EOS WalletFake apps can wreak havoc, even if they get removed quickly.

From another shady wallet app hosted in the Apple app store.

The best way to identify fake apps is to check the app's reviews.