Fake Uniswap app on Google Play Store has already lost one user $20,000 By Cointelegraph

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Fake Uniswap app on Google Play Store has already lost one user $20,000

A fraudulent mobile application claiming to be the Uniswap exchange has reportedly stolen money from an investor, offering an important reminder of the scams that still pervade the nascent cryptocurrency industry.

Alex Saunders, founder and CEO of the Australia-based Nuggets News, recently reported that one of his members lost $20,000 to a fake Uniswap mobile application that was listed on the Google (NASDAQ:) Play Store. The app, called “Uniswap DEX,” was published Nov. 10 by a person or entity called Uniswap Inc.