Google Files Racketeering Suits Over Alleged Crypto-App Scams
- Company claims they uploaded 87 fraudulent apps to Google Play
- Users lost billions of dollars to crypto scams in 2023
Google said in the lawsuit the defendants conspired to engage in a pattern of racketeering.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Alphabet Inc.’s Google sued two people based in China it says used the company’s platforms to distribute and advertise fraudulent crypto apps.
The search giant claims the alleged scammers engaged in racketeering, violating the so-called Racketeer Influenced and Corrupt Organizations statute, the federal law used to crack down on organized crime. The lawsuit was filed in federal court in New York Thursday morning.