A fake app impersonating Curve has reappeared in the Apple App Store and attracted a large number of downloads

ChainCatcher news, according to Cointelegraph, a fake application impersonating the DeFi platform Curve Finance has appeared for the third time this year in the Apple App Store, once again targeting unsuspecting users. Despite previous warnings and removals, the application continues to land on the App Store, attracting a large number of downloads and ranking among the top in the financial category in several regions. The app disguises itself as a legitimate tool built for token swapping and liquidity staking, leading to numerous reports of financial losses and security issues in user reviews.

Babu Lal, co-founder of the Indian cybersecurity company Frautect, stated that it has "identified, reported, and removed" over 6,500 fake public applications, most of which "belong to the financial category." Despite numerous user reports, warnings from security experts, and even removals of these applications, deceptive apps continue to emerge, putting users at risk of being exploited. Lal noted that the current situation is that "new schemes appear every day," and if security measures are not improved, the situation will continue to spiral out of control.