San Francisco, CA — Maria Vaca, a Florida resident, has filed a lawsuit against Google in a California state court. Vaca alleges that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and led to the theft of $5 million in cryptocurrency.
In her lawsuit, Vaca claims the app, named Yobit Pro, took advantage of Google’s marketing that positioned the Play Store as a secure platform. This misrepresentation, she argues, directly contributed to her financial loss.
The lawsuit questions Google’s awareness of the fraudulent app and how long it remained on the platform. Vaca’s complaint includes allegations of negligence, promissory estoppel, and violations of California’s false advertising and consumer protection laws.
This case underscores a growing concern about cybercriminals exploiting cryptocurrency to deceive individuals. It highlights the urgent need for stricter regulation and oversight within the crypto industry.
