Fake Ledger App on Apple App Store Drains Over $400,000 in Bitcoin
BeInCrypto
Musician G. Love lost nearly 6 BTC after downloading a malicious Ledger app from the Apple App Store.Summary
Musician Garrett Dutton, known as G. Love, lost approximately 5.92 BTC, valued at over $424,000, after downloading a fraudulent Ledger app from the Apple Mac App Store. By entering his 24-word recovery phrase into the malicious software, he allowed attackers to drain his retirement savings. On-chain investigator ZachXBT tracked the stolen funds to KuCoin deposit addresses but noted that recovery is unlikely, citing concerns over the exchange's regulatory compliance. Security experts warn users never to input seed phrases into internet-connected devices and to verify all wallet software independently.
(Source：BeInCrypto)