Due to a lack of certificate validation, all traffic from the mobile application can be intercepted. As a result, an adversary located "upstream" can decrypt the TLS traffic, inspect its contents, and modify the requests in transit. This may result in a total compromise of the user's account if the attacker intercepts a request with active authentication tokens or cracks the MD5 hash sent on login.
CVSS:3.1/AV:N/AC:L/PR:N/UI:N/S:U/C:H/I:H/A:N