Fake Ledger app on Apple App Store linked to $9.5M crypto theft across Bitcoin, Tron, Solana: ZachXBT
Summary
A fraudulent Ledger Live application on the Apple App Store has been linked to approximately $9.5 million in cryptocurrency theft, affecting over 50 victims across various blockchains including Bitcoin, Tron, and Solana. The thefts occurred between April 7 and April 13, and Apple has since removed the malicious app. Three major victims lost seven-figure sums, with one losing $3.23 million in USDT, another $2.079 million in USDC, and a third $1.95 million in combined assets. This incident follows similar attacks involving fake apps on the App Store, including one where musician G. Love lost 5.9 BTC. Ledger advises users to download software only from its official website and never share their 24-word recovery phrase. The stolen funds were reportedly routed through over 150 KuCoin deposit addresses linked to a mixing service called AudiA6. The report also notes KuCoin's recent regulatory issues, including a $300 million fine in January 2025 and an Austrian ban on onboarding new EU users.
(Source:The Block)