Beware of new SCAM on google play! SoBit: Bitcoin wallet

[CarnagexD]

The reason why it's at the top is because the scammer that's operating this website is paying a lot of money to be on the front page of Google, it's smart that it put itself on second so it looks less suspicious. You did something wrong with your background check on the website too, you checked for the 5 star rating when what really matters are those at the lowest ratings, they tell stories there that you might or might not encounter.

[kryptqnick]

just lost btc through a scam wallet on google play market. if you type in 'bitcoin wallet'. you'll see SoBit: Bitcoin Wallet. it has 5 star rating & it would be first or second on the list. beware. once you send funds to it, it sends out btc somewhere else after confirmation. i couldnt believe it at first but then after going through 1 star reviews i realised i wasnt the only one. makes me wonder how can google allow this scam to be on top?

I am really sorry for your loss. It's very important to do some basic research before choosing a Bitcoin wallet and to choose a non-custodial wallet (the one where you can't be scammed because you're the only one who has access to the money because you are the holder of the private keys). I can see that this wallet indeed has good overall rating, but with enough effort and funding, it's possible to hire a bot farm to load the app and make reviews. It's also weird that if one googles whether SoBit is a scam, the top results won't tell you that it is. I guess a lot of funds were invested into bumping the relevant articles to the top, making tons of fake reviews etc... But if one googles the best Bitcoin wallets, SoBit is, of course, not there.

[Dr.Osh]

just lost btc through a scam wallet on google play market. if you type in 'bitcoin wallet'. you'll see SoBit: Bitcoin Wallet. it has 5 star rating & it would be first or second on the list. beware. once you send funds to it, it sends out btc somewhere else after confirmation. i couldnt believe it at first but then after going through 1 star reviews i realised i wasnt the only one. makes me wonder how can google allow this scam to be on top?

Never trust ratings on google play when you see apps related to money. Ratings on Google Play are very easy to manipulate. there are quite a number of services that can make an application's rating very good on google play. I've seen several apps whose ratings were manipulated on Google Play. Some of the signs you can see when an application is being manipulated are

• The comments do not match the use of the application, in this case they are doing their job just giving 5 stars, and giving "good" comments or other things, and sometimes the comments are not related to the application.
• The app is suspicious
• Not many people have the app installed.

However, to avoid that, you can actually ask the opinion of the people who use the wallet on this forum, or at least ask about the application here. There will be a lot of people who will give you information about the app, or give you advice. For the record, use a wallet that is only used frequently and is trusted, such as a Trust Wallet. It is better.

[Taskford]

just lost btc through a scam wallet on google play market. if you type in 'bitcoin wallet'. you'll see SoBit: Bitcoin Wallet. it has 5 star rating & it would be first or second on the list. beware. once you send funds to it, it sends out btc somewhere else after confirmation. i couldnt believe it at first but then after going through 1 star reviews i realised i wasnt the only one. makes me wonder how can google allow this scam to be on top?

To many fake apps uploaded on Google Playstore that's why I avoid to search any keyword related to cryptocurrency since you will just see a tons of apps which we can't assure that it safe. This is why I usually go to the legit website of wallet provider then grab the link there so that I can avoid to get victimized by the same app victimized you nor those phising app installed by fraud heads.

[Solosanz]

To avoid this kind problem in the future, you need to follow this few tips:

1. Never rely on any reviews e.g. playstore, trustpilot, and any other sites. Directly download from the official website and check the WHOIS first.
2. For wallet, you need to install non custodial wallet and make sure you verify the signature first.
3. Don't click any random links or messages on your email.

For Bitcoin starter pack you're better to own hardware wallet e.g. trezor or ledger and just use decentralized exchange e.g. bisq