Crypto Wallet Drainer Posed As Calculator On Google Play Store, Stole $70K: Researchers

Scammers launched a malicious app that posed as a calculator on Google Play Store -- the app avoided legitimacy detection for months before it was removed from the platform. (Credit: Richard Patterson/flickr)

KEY POINTS

• The app was first launched on Google Play Store as the 'Mestox Calculator'
• The malicious app was then renamed to WalletConnect – Crypto Wallet
• Over 150 crypto users lost an estimated $70,000 from the wallet drainer

Calculators are supposed to be life-savers for people in fast-paced businesses and individuals with poor math skills, but in a twist of fate, bad actors used a "calculator" to steal over $70,000 from over 150 cryptocurrency users.