Trezor, one of the major hardware crypto wallet providers, has issued a warning to its users of a fake app. According to the firm, there is a fake Trezor application on the Google Play store and warned the users that it is not having any connection with the firm or SatoshiLabs. This news has been announced by the firm on January 18, 2020, and has asked its clients to avoid this malicious application. Along with this, the firm has also mentioned that they should not share their phrase with anyone. It should be shared only if the Trezor device asks the users to do so.
Warning to all Trezor owners using Android devices!
This app is malicious and has no relation to Trezor or SatoshiLabs. Please, don't install it.
Remember that you should never share your seed with anyone until your Trezor device asks you to do it! pic.twitter.com/6C3iKfPDnR
— Trezor (@Trezor) January 18, 2021
Trezor Provided a Short Manual to its Users
Trezor has provided a short manual for all the users who wish to use the wallet on an android device. The firm has also mentioned all the major third-party apps which include Mycelium, WallETH, and few others. It is revealed that this malicious app has been downloaded more than 1000 times and is still available on the Google store. A lot of users of Trezor and people familiar with the matter have described this malicious app as a scam on the store. One user has mentioned:
“This app is a scam. Never enter your recovery phrase in anything except an official hardware Trezor.”
Malicious Apps Becoming Quite Common
Trezor is not the only one that has been the victim of this fake app, these kinds of malicious apps have become quite common in this sector. Most of these scams have been launched on top crypto companies and this kind of scams are increasing day by day. Back in May 2020, one of the cybersecurity researchers claimed that around 22 malicious Google Chrome extensions are there which are imitating crypto services. At this point, crypto users need to be extremely careful while doing anything online and especially the ones who are new to this space.