Google sues crypto app scammers, Crypto.com in Korea: Asia Express
Google files lawsuit against alleged Chinese crypto scammers — but can it be enforced? New Bitcoin ETF app in Hong Kong, & more: Asia Express.
Our weekly roundup of news from East Asia curates the industrys most important developments.
Alphabet’s Google subsidiary has filed lawsuits in federal court in New York against two Chinese nationals residing in Mainland China for allegedly using Google Play to advertise and distribute fraudulent crypto apps.
The fraudulent apps on Google Play, including TionRT exchange, were downloaded over 100,000 times by individuals who deposited funds into the apps and were shown returns and could initially withdraw small amounts, but were later unable to access their balances.
...