A fake Ledger app on the Apple App Store drained $9.5 million in crypto
CoinDesk·4h ago·Fear
What Happened
A fake Ledger Live app distributed through Apple's App Store resulted in at least $9.5 million in cryptocurrency theft from over 50 victims between April 7 and 13. Victims lost Bitcoin, Ethereum, and stablecoins after unknowingly downloading the fraudulent app. Stolen funds were routed through KuCoin deposit addresses and mixed through AudiA6. Apple removed the app but faces questions about review processes and potential legal liability.
Key Entities
Ledger LiveApple App StoreZachXBT@gloveKuCoinAudiA6$9.5 millionBitcoinEthereumUSDTUSDC