Three Fake PancakeSwap Apps Found On Google Play Store

A redditor named u/R_PH has drawn the attention of the crypto community to three fake mobile applications of the Binance Smart Chain-based decentralized exchange, PancakeSwap, which can be found on the Google Play store. It turned out that scammers created apps to steal the private keys of unsuspecting victims.

A quick search on the Google Play Store confirmed that three fake PancakeSwap apps are running on the platform. At the time of this writing, these applications have been downloaded over 12,000. Judging by the reviews, some users have already become victims of fake applications. Hackers managed to steal user funds through their private keys.

u/R_PH has called on the crypto community on Reddit to join other users and report the scam app before it does more damage. It's worth noting that PancakeSwap doesn't have a mobile app yet, and all of its features are still web-based.

Image: PrivateFinance