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Apple and Google ditch shady trading apps with Australia's help
It's no secret that Google and even Apple have an abundance of sketchy applications on their app stores. Some of those called binary options trading apps have alarmed the Australian Securities & Investments Commission (ASIC) so much that it helped the tech titans remove over 330 of them. According to Bloomberg, the regulator staged an intervention after getting numerous cases of fraud filed against the apps' operators, who turned out to be unlicensed. ASIC said it managed to get Apple to remove the fraudulent apps from its stores worldwide, but it didn't specify whether Google deleted them from the Australian store only.
