GOOGL - Google Sues Alleged Crypto Scammers Seeks Damages Over $75000 | Benzinga
In a move to protect its users, Google (NASDAQ:GOOGL) has filed a lawsuit against two Chinese nationals accused of creating fake cryptocurrency investment apps on the Google Play store.
What Happened: The lawsuit, filed in the Southern District of New York, alleges that Yunfeng Sun (also known as Alphonse Sun) and Hongnam Cheung (also known as Zhang Hongnim or Stanford Fischer) defrauded over 100,000 users globally since at least 2019, according to a Reuters report.
“This is a unique opportunity for us to use our resources to combat bad actors who were running an extensive crypto scheme,” said Halimah DeLaine Prado, Google’s general ...