Is Tapsnake virus a threat?

[AC Question]

Is this a real threat?

 

[B. Diddy]

Welcome to Android Central! Apparently not. Tapsnake is an old virus, and its name is used to scare users into installing supposedly legit antivirus apps, which are probably the real malware. Android Tapsnake Mobile Scareware: Ads Push Antivirus | Symantec Connect