Original archived Re: BTC Investor Losses 7,4 BTC with Fake Sparrow Wallet Mobile App
Scraped on 09/08/2025, 03:29:36 UTC
Scammers can be very determined and have much of money which they might use to create more advanced scams like fake apps. This makes it difficult to stay safe. Also because there is not official Sparrow Wallet mobile app scammers can easily create fake ones. If real app existed it would be much easier to spot fakes. Without one scammer app can look real to people who do not know any better.
I really don't think scammers are ready to spend a lot of money to build up fake applications for mobile devices or phishing sites for web users. They are pretty stupid, lazy and only want to steal money from the others. They don't have ability to build up anything new from ideas for product development, lazy enough to code anything innovative, and greedy enough to avoid proactively spending money for scam projects.
Open source is righ there to serve scammers with free source code, and they can clone those source codes in order to launch their scam coins or tokens easily and without money and resource spent.