Apple Removes Fake Crypto Wallet App That Stole $9.5 Million From Mac Users

A fake Mac app designed to look similar the existent happening snuck past Apple's app reappraisal team, costing users $9.5 cardinal successful cryptocurrency.


According to CoinDesk, a fake macOS mentation of the Ledger Live crypto wallet app scammed radical into handing implicit entree to their cryptocurrency wallets. More than 50 radical fell unfortunate to the fake app betwixt April 7 and April 13.

Ledger has an authoritative Mac app, but it is distributed via the Ledger website and not done the Mac App Store. The existent app does not inquire users to participate their effect phrases similar the fake app did, nor bash different morganatic cryptocurrency apps. The stolen wealth was routed done the KuCoin crypto exchange, and hackers utilized a mixing work known arsenic AudiA6, which charges precocious fees to launder cryptocurrency.

Three of the victims mislaid seven-figure sums, which is an unusually precocious magnitude of wealth to suffer successful a fake app scam. ZachXBT, who investigated the scam and shared the info connected Telegram, suggested Apple could beryllium taxable to a class-action suit successful the aboriginal owed to the magnitude of wealth lost.

Apple removed the fake Ledger Live app from the ‌Mac App Store‌, but it was unrecorded for astir 2 weeks. It is not known however it passed Apple's app reappraisal process, and Apple hasn't commented.
This article, "Apple Removes Fake Crypto Wallet App That Stole $9.5 Million From Mac Users" archetypal appeared connected MacRumors.com

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