Trust Wallet has issued a warning about scam apps listed on Xiaomi and Amazon stores, urging users to download the application only from verified sources.

Binance-backed cryptocurrency wallet, Trust Wallet, has alerted its users about potential scam versions of its application on both Xiaomi and Amazon stores. In a post on June 7, the company said it had already submitted requests to have the fraudulent apps taken down.

We are aware of a number of fake (scam) Trust Wallet apps available on both the Xiaomi & Amazon stores. Please do not try to download these. We have submitted requests for these to be taken down and hope that this will be resolved soon.

The company emphasized the importance of downloading the app from legitimate sources. Users are directed to the official links for iOS (App Store), Android (Google Play Store), and the Trust Wallet Extension (Google Chrome Store).

Please exercise due diligence when downloading the Trust Wallet app — be sure that the app is the official one.

It’s crucial for users to be aware of these scams to avoid potential losses. Always verify the source before downloading any application, especially those related to finance and investments.

In related news, a trader recently lost $800k in crypto due to a malicious Google Chrome extension. This highlights the importance of being cautious when downloading and using extensions or applications related to cryptocurrency.

In late April, Google temporarily removed Trust Wallet from its marketplace. A spokesperson for the crypto wallet explained that the removal was due to Google’s policies, adding that an appeal had been submitted weeks before Google removed the app. There were rumors that the removal was linked to an FBI circular warning against using non-KYC platforms and solutions. However, the FBI notice was not cited as a specific reason for Google’s decision to remove the wallet, according to the information provided by the spokesperson.

Stay updated with the latest news on cryptocurrency, investing, and finance by exploring more on Global Crypto News. It’s essential to stay informed to navigate the ever-evolving world of digital currencies safely and effectively.

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