Counterfeit Smartphones: The Hidden Threat Behind Crypto Hacks

As the world embraces cryptocurrency and Web3 technologies, the sophistication of scams targeting these platforms is rapidly increasing. One dangerous avenue for cybercriminals is counterfeit smartphones. These devices, often marketed as high-end Android phones at steep discounts, come preloaded with malicious software designed to steal your crypto credentials, drain your wallets, or reroute transactions. Unlike traditional malware that users might accidentally download, these threats are deeply embedded within the firmware or pre-installed apps, making them nearly impossible to detect or remove.