Google Actively Promotes Cryptocurrency Phishing Sites

October 29, 2022 By Prelo Con

(Image Credit Google)

Changpeng Zhao, CEO of Binance, alleged that Google is pushing cryptocurrency phishing websites. The CEO of Binance alleges that Google promotes cryptocurrency phishing sites; is the CoinMarketCap problem a bug? Zhao sometimes referred to as CZ, claimed that when CoinMarketCap is searched on Google, ad-tagged harmful websites are displayed upfront.

If this is the case, Google needs to address this problem because cryptocurrency phishing websites have a high potential for success. "When people search for CMC on Google, fraudulent websites are displayed. Users who use these phishing sites to add smart contract addresses to MetaMask are affected by this "CZ stated in a tweet on his official account. Cryptocurrency Phishing Sites

Google Promotes Crypto Phishing Websites, Says Binance CEO. The most recent report from Coin Telegraph states that on Thursday, October 27, CZ presented what he had learned. It's rather disturbing what he learned about the CoinMarketCap search results.

Google displays phishing sites when users search CMC. This affects users adding smart contract addresses to MetaMask using these phishing sites. We are trying to contact Google for this, and in the meantime alerting users about this through social channels. pic.twitter.com/3q4860Jl4H
— CZ ? Binance (@cz_binance) October 27, 2022

The most frequently cited price-tracking website for digital assets is CoinMarketCap, if you require additional information about it. Although, Binance was able to purchase this website in April 2020. The crypto exchange company is concerned that CoinMarketCap's search results could lead consumers to fraud and other phony ad websites because it has gained more popularity than it did previously.

By Prelo Con

Following my passion by reviewing latest tech. Just love it.

Google Actively Promotes Cryptocurrency Phishing Sites

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