Google sues Chinese scammers for distributing fraudulent crypto apps on its platforms, violating RICO statute.
Google sued two alleged scammers based in China for using its platforms to distribute and advertise fraudulent crypto apps. Google claims the scammers engaged in racketeering, violating the Racketeer Influenced and Corrupt Organizations statute, a federal law used to crack down on organized crime. The lawsuit was filed in federal court in New York. Google plans to set a legal precedent and establish protections for users by suing the alleged scammers.
April 04, 2024
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