Cryptocurrency Scam in Florida: Maria Vaca Lost Millions!

Maria Vaca from Florida lost millions of dollars to the fraudulent cryptocurrency app Yobit Pro. Her story reveals the dangers of crypto scams. Google's delayed response highlights the need for better platform vigilance against cybercriminals. The case reflects the broader challenge of protecting users in the cryptocurrency market.

19 August 2024 | 01:01

Cryptocurrency App Yobit Pro in Florida: Maria Vaca Lost Millions of Dollars

Maria Vaca, a resident of Florida, fell victim to the fraudulent cryptocurrency app Yobit Pro, losing 4.6 million dollars. The whole story began in February 2023 and had a surprising outcome.

Money Trail: Investment and Withdrawal Attempts

Over a period of five months, until July 2023, Maria Vaca invested her funds in cryptocurrencies through the Yobit Pro app. When her account balance exceeded 7 million dollars, she decided to withdraw some of the accumulated funds. That’s when the problems began.

Required “Fees” and Threats

After trying to make a withdrawal, Vaca was asked to deposit an additional 500,000 dollars for alleged “taxes.” After submitting this amount, the app demanded another 2 million dollars. When Vaca refused, she began receiving death threats from unknown cybercriminals.

Response and Legal Consequences

Maria Vaca did not stand idly by. She reached out to law enforcement agencies and the Consumer Financial Protection Bureau (CFPB), which forwarded the case to Google. Unfortunately, despite Vaca’s complaints, Google took three months to remove the app from Google Play.

Suing Google

Google’s decision to remove the app led Maria Vaca to decide to sue the tech giant in California. She is seeking at least 5 million dollars in compensation for the financial losses she suffered.

Consequences for Google

Google is aware that fraudulent cryptocurrency apps pose a serious threat. In April, the company sued two developers for approving 87 fraudulent apps on Google Play, affecting 100,000 people, including many residents of the USA. Although Yobit Pro was not mentioned in this case, similar fraud schemes were observed.

Summary

The case of Maria Vaca and her experience with the Yobit Pro app sheds light on the growing problem of cryptocurrency-related scams. This requires increased vigilance and action from platforms such as Google to ensure the safety of users and curb the actions of cybercriminals.

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