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Malicious Actors Use Pre-Downloaded Apps to Steal Cryptocurrencies

Malicious Actors Use Pre-Downloaded Apps to Steal Cryptocurrencies

CybersecurityMalwareCryptocurrencyFraud

Malicious actors are integrating pre-downloaded applications with malware to steal cryptocurrencies by discreetly replacing users' wallet addresses with their own. This method allows cybercriminals to divert cryptocurrency transactions to their own wallets without users noticing. The impacts include financial loss for users whose cryptocurrency wallets are compromised.