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Fake Trading Apps for Android, iOS Lead to Pig Butchering Scam

ID: cd69d7e8-8cf9-596f-989c-c87d45aebf6f

STIX ID: report--cd69d7e8-8cf9-596f-989c-c87d45aebf6f

Feed Name: Security Boulevard

Threat Score
65/100

Date Published: 2024-10-04

Date Updated: 2026-04-22

Author: Jeffrey Burt

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Fake mobile trading apps named collectively as UniShadowTrade were distributed via the Apple App Store, Google Play and later phishing sites; they delivered a web-based trading interface (built with UniApp) that impersonated legitimate platforms to enact a pig-butchering fraud. Victims are social-engineered to submit identity documents, fund accounts, and after apparent gains are prevented from withdrawing funds; the apps deliberately contain no mobile trojan to evade detection and were downloaded thousands of times, highlighting a widescale financially motivated scam targeting iOS and Android users.

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