According to the company’s statement, as an app developer 4shared has never been involved in any kind of fraudulent activity. More importantly, the company had not been aware of such activity from the side of Elephant Data until July 2019.
As of today, 4shared has no ongoing cooperation with Elephant Data Ltd., and in view of the published research and allegations of ad fraud against Elephant Data the company has already taken all possible measures to minimize further damage to the users of its old app, which is no longer available in Google Play.
We recommend users to uninstall the old 4shared app for Android OS as soon as possible, and install the new one – from Google Play.