Over 20 Crypto Phishing Applications Found on the Play Store Stealing Mnemonic Phrases

Over 20 Crypto Phishing Applications Found on the Play Store Stealing Mnemonic Phrases
Over 20 malicious Android applications impersonating popular cryptocurrency wallets like PancakeSwap and SushiSwap have been found on the Google Play Store, targeting users to steal their 12-word mnemonic phrases. These apps are distributed via compromised developer accounts and use phishing URLs embedded in privacy policies to execute their attacks. #PancakeSwap #SushiSwap #Raydium #MedianFramework

Keypoints

  • More than 20 cryptocurrency phishing apps have been identified on the Google Play Store, targeting wallets such as PancakeSwap, SushiSwap, Hyperliquid, and Raydium.
  • These malicious apps prompt users to enter their 12-word mnemonic phrases, enabling attackers to access and drain real cryptocurrency wallets.
  • The apps are distributed under previously legitimate or compromised developer accounts originally used for gaming and other benign apps.
  • Threat actors use consistent tactics, including embedding phishing URLs in privacy policies and reusing package names and descriptions.
  • Two main technical approaches were observed: use of the Median framework for rapid app development and direct loading of phishing URLs into WebView.
  • The phishing infrastructure revolves around centralized IP 94.156.177[.]209 hosting over 50 phishing domains linked to these campaigns.
  • Despite many apps being removed following reports, some malicious apps remain live on the platform at time of reporting.

MITRE Techniques

  • [T1566] Phishing – Malicious applications loaded phishing websites within WebView prompting users to enter mnemonic phrases (“phishing site impersonating the PancakeSwap wallet and prompts victims to enter their 12-word mnemonic phrase”).
  • [T1078] Valid Accounts – Use of compromised developer accounts originally hosting legitimate apps to distribute malicious applications (“these older developer accounts have likely been compromised and are now being leveraged to distribute malicious applications”).
  • [T1606] Forge Web Credentials – The apps impersonated legitimate wallet user interfaces to trick victims into disclosing their mnemonic phrases (“apps impersonate popular wallets such as SushiSwap, PancakeSwap, Hyperliquid, and Raydium”).

Indicators of Compromise

  • [SHA256 Hash] Crypto phishing apps – 4b35a1ed93ab68f0401de34d4eb5dbb582465ee2a8428e16d0beac8bf87a09af (impersonating PancakeSwap), 4aa3659c50616d21ef0bda1389cba1ad3fe768b9dd25eee09289ece97cd3623f (impersonating Raydium Wallet)
  • [URL] Phishing URLs loaded into WebView – hxxps://pancakefentfloyd[.]cz/api.php, hxxps://piwalletblog[.]blog
  • [Domain] Phishing domains related to campaign – pancakefentfloyd[.]cz, suietsiz[.]cz, raydifloyd[.]cz, bullxni[.]sbs, sushijames[.]sbs, hyperliqw[.]sbs, and over 40 more domains used to host phishing sites


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