An American person spent his lifetime earning money by downloading an app similar to Trezor, which gives information about the balance and transaction of bitcoin.
According to the Washington Post, Phillipe Christodoulou downloaded the fake app on Trezor’s clone, ie Trezor, on the App Store to check his bitcoin balance, and logged in with his details and before he could do anything, he almost Indian Nearly 4.3 crore rupees in currency lost their hands.
According to Apple ‘this is not a cryptocurrency app, but a cryptography app that will encrypt files and store passwords, however, after submission it turned into a cryptocurrency app and Apple failed to detect it. According to Phillipe, Apple is responsible for this, according to them, why did Apple finally allow such fake apps to be listed on their store. Recently, both Apple and Google changed their policy to remove such fake apps. Updates have been made to prevent any non-essential app permission to take information from the user’s phone.
If you ever, before checking your banking or fund information, before downloading the app in Google Play Store or Apple Store, essentially check the review and developing company. Only then you use that app.