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 not through the Mac App Store. The real app does not ask users to enter their seed phrases like the fake app did, nor do other legitimate cryptocurrency apps. The stolen money was routed through the KuCoin crypto exchange, and hackers used a mixing service known as AudiA6, which charges high fees to launder cryptocurrency.
Three of the victims lost seven-figure sums, which is an unusually high amount of money to lose in a fake app scam. ZachXBT, who investigated the scam and shared the info on Telegram, suggested Apple could be subject to a class-action lawsuit in the future due to the amount of money lost.
Apple removed the fake Ledger Live app from the Mac App Store, but it was live for approximately two weeks. It is not known how it passed Apple's app review process, and Apple hasn't commented.
Popular Stories
If you have a Mac and a cat, you've probably run into a situation where your cat sits on your computer keyboard. Whether it's because Macs are warm or because they want to distract you from the screen absorbing all of your attention, laptops tend to attract cats.
A new Mac app called Cats Lock adds cat-proofing that keeps your cat from doing damage to whatever you're working on when it gets...
Apple will unveil watchOS 27 during its WWDC 2026 keynote on Monday, June 8, and a handful of new features have been rumored already.
The first developer beta of watchOS 27 should be available immediately following the keynote, and a public beta typically follows in July. The update should be released to all users with a compatible Apple Watch model in September.
Below, we recap watchOS...
Apple reportedly plans to unveil its first foldable iPhone in September this year — it may be named "iPhone Ultra" — and expectations are high.
In his Power On newsletter, Bloomberg's Mark Gurman said the foldable iPhone will be "the most significant overhaul in the iPhone's history."
"iPhone 4, iPhone 6 and iPhone X were clearly a big deal, but this is a whole new design," he said....
