A fake app impersonating the decentralized finance (DeFi) platform Curve Finance has returned to Apple’s App Store for the third time this year, causing financial losses for unsuspecting users. Despite warnings and previous removals, the app continues to attract downloads, mirroring Curve Finance’s logo and promises of token swapping and liquidity staking. Reports of unauthorized withdrawals and unresponsive customer support have led to a surge of negative user reviews, warning others of potential risks. Babu Lal, co-founder of cybersecurity firm Frautect, highlighted this issue as part of a wider trend of fake crypto apps proliferating in app stores, noting he has reported over 6,500 fake apps, predominantly in finance categories. The situation reflects serious security vulnerabilities in app stores and raises concerns about the legitimacy of the crypto sector, with Lal emphasizing the urgent need for improved user security measures.

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