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Fake Ledger app on App Store drains American musician’s 5.9 BTC

The Block
American musician G. Love lost 5.9 BTC after entering his seed phrase into a fraudulent Ledger application downloaded from the App Store.

Summary

Musician Garrett Dutton, known as G. Love, lost approximately 5.9 BTC (worth $420,000) after using a malicious application posing as the official Ledger wallet. Dutton inadvertently exposed his seed phrase to the attackers, who subsequently laundered the stolen funds through KuCoin. Ledger continues to warn users to download applications exclusively from their official website to avoid such phishing scams.

(Source:The Block)