US EditionYour life savings could be gone in one click: How a fake crypto app bypassed Apple's security
More than 50 victims lost about $9.5 million after downloading a malicious app that impersonated Ledger Live, investigators said.
- On Tuesday, onchain investigator ZachXBT reported a malicious Ledger Live app on the Apple App Store facilitated about $9.5 million in crypto thefts from more than 50 victims between April 7 and April 13.
- Victims were tricked into entering recovery phrases into the fraudulent application, granting attackers full access to their digital wallets, with three individuals losing seven-figure sums including $3.23 million in USDT stolen on April 9.
- Blockchain investigator ZachXBT traced the stolen funds to KuCoin deposit addresses associated with AudiA6, a crypto mixing service, while one victim lost 5.9 BTC—his entire savings accumulated over a decade.
- Apple removed the app following reports, though the company declined to comment on how it passed review, while CoinDesk noted the incident 'may form the basis for a class-action lawsuit.'
- Crypto investors lost around $17 billion to scams in 2025, highlighting a persistent industry threat, while separate investigations recently uncovered data-harvesting apps like Freecash targeting users on TikTok.
12 Articles
12 Articles
G. Love Says He Lost $424,000 of His ‘Retirement Fund’ After Being Scammed by Fake App from Apple's App Store: ‘Let It Serve as a Warning’
"I lost my retirement fund in a hack/Scam when I by accident downloaded a malicious app from the@Apple store," he sharedRecording artist G. LoveCredit: Gary Gershoff/GettyNEED TO KNOWG. Love says he lost around $424,000 in bitcoin after downloading a fake app from Apple’s App StoreCryptocurrency exchange KuCoin froze a suspicious account linked to the theft, but noted legal steps are still requiredG. Love warned fans about scams and said he’s gr…
Apple Removes Fake Crypto Wallet App That Stole $9.5 Million From Mac Users
A fake Mac app designed to look like the real thing snuck past Apple's app review team, costing users $9.5 million in cryptocurrency. According to CoinDesk, a fake macOS version of the Ledger Live crypto wallet app scammed people into handing over access to their cryptocurrency wallets. More than 50 people fell victim to the fake app between April 7 and April 13. Ledger has an official Mac app, but it is distributed via the Ledger website and no…
Your life savings could be gone in one click: How a fake crypto app bypassed Apple's security
A malicious Ledger Live clone slipped onto Apple’s App Store, draining millions from dozens of victims across multiple blockchains in a week-long phishing campaign.
[Digital Daily Reporter Kim Moon-ki] The Apple App Store, which has long positioned itself as a "sanctuary of security" backed by a closed ecosystem and strict review systems, has degenerated into an outpost for virtual asset phishing crimes. It has been revealed that a malicious app impersonating Ledger, a famous hardware wallet manufacturer, effortlessly breached Apple's surveillance network and was registered, stealing astronomical assets amo…
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