Trezor Fake Android App

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Trezor

A fake Trezor wallet was reported on the Google Play store, which could be downloaded by Android users. Trezor did not have an Android app at the time. The application was downloaded over 1,000 times. There was no report found of any specific losses reported by users, but the app definitely was attempting to steal seed phrases, so it is most likely the case that funds were lost.

This is a global/international case not involving a specific country.

About Trezor

"The safe place for your coins." "Store your coins with Trezor." "Hardware wallet is the safest way to manage & trade your cryptocurrencies."

"Developers of the Trezor hardware wallet have warned Android devices users about the fake Mobile Manager Wallet application that is present on the Google Play Store.The company warned that the malicious application is not related to Trezor or SatoshiLabs and recommended not to install it."

"Warning to all Trezor owners using Android devices!"

"This app is malicious and has no relation to Trezor or SatoshiLabs. Please, don't install it."

"Remember that you should never share your seed with anyone until your Trezor device asks you to do it!"

"According to Cointelegraph, the fraudulent app is still available for installation and had been downloaded over 1,000 times."

"Security Alert: There is a fake Trezor app on the Google Play store. It’s been downloaded over 1,000 times and is designed to take your crypto. As crypto continues to grow in value, more people will try to steal it."

"At the time of writing, the fake app is still available on Google Play. It was downloaded by over a thousand people."

"Creators of the fake app, gave themselves some positive reviews, and raise their rating to 4.7. In the comments, some user’s complain that the app freezes after entering the seed phrase."

"They've faked the reviews and all, i also see reviews of people who complain the app just hung after they entered their seed"

"The doppelgänger app also has about 200 reviews on the app store, with the majority warning that it is a scam. “This app is a scam. Never enter your recovery phrase in anything except an official hardware Trezor. Anyone that asks for this phrase (besides a physical Trezor) is trying to scam you),” one supposed user wrote."

“Never share your seed phrase until the Trezor device asks you to,” Trezor reminded.

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

• Known history of when and how the service was started.
• What problems does the company or service claim to solve?
• What marketing materials were used by the firm or business?
• Audits performed, and excerpts that may have been included.
• Business registration documents shown (fake or legitimate).
• How were people recruited to participate?
• Public warnings and announcements prior to the event.

Don't Include:

• Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
• Anything that wasn't reasonably knowable at the time of the event.

There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

• When the service was actually started (if different than the "official story").
• Who actually ran a service and their own personal history.
• How the service was structured behind the scenes. (For example, there was no "trading bot".)
• Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.

Key Event Timeline - Trezor Fake Android App

Date	Event	Description
January 18th, 2021 4:07:00 AM MST	Main Event	Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

Immediate Reactions

How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

Ultimate Outcome

What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

General Prevention Policies

Seed phrases should never be entered into any sort of online application or program on the PC.

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.