Crypto App Review Launched by Apple and Google

Cryptocurrency and NFT We’ve seen a lot of scams. Those who use the names of celebrities or hack their accounts, open the stock market and take all the money, infiltrate the stock markets and steal all the money, the total loss of the investors has reached billions of dollars.

Despite all that has happened, advertisements for bed sheets on the problematic platforms and stock markets, on various social media channels and on the internet, continue to appear in application stores. That’s why politicians and lawmakers Apple and GoogleIt has been converted to .

Letter to Apple and Google

Apple CEO Tim Cook and Google CEO Sundar PichaiSherrod Brown, the Democratic party senator from Ohio, sent a letter to the company on Thursday, asking companies for information on their processes for examining cryptocurrency trading and wallet applications. In a recent FBI report, 244 investors – on allegedly reliable platforms – were defrauded within 1 year. $42.7 million had revealed that.

by senator In letters to CEOs, “Crypto mobile apps are made available to the public through app stores”While drawing attention to the issue, it was stated that hundreds of people were defrauded with fake applications in return for applications that provide easy transactions.

On the other hand what apple nor Google No statement has been made at this time. Still, Senator Brown is expected to turn the apps into phishing apps, and get answers to questions about the app stores’ review processes, whether users are informed about it or not. Tech giants must answer the senator’s questions by August 10.