Researchers from California-based cybersecurity firm Lookout say at least 93,000 people were duped into buying fake Android cryptocurrency mining apps. The 172 paid Android applications, dubbed BitScam and CloudScam, were advertised as providing cloud cryptocurrency mining services. The apps didn’t include any cloud cryptomining functionality. The scammers used the fake apps to steal a total of over $350,000 ($300K in app sales) from thousands of victims worldwide who bought the apps and paid for additional services and upgrades.
Source: https://www.bleepingcomputer.com/news/security/tens-of-thousands-scammed-using-fake-android-cryptomining-apps/