Mar 11, 01:17 PM

Apple App Store Scam: Fake Wallet App Steals 38,000 STX, $120,000

A cryptocurrency scam involving a fake wallet app named 'Leather Wallet & Hiro Bitcoin' on the Apple App Store has reportedly led to significant financial losses for users. The app, which tricked users into importing their wallets, is accused of stealing 38,000 STX, equivalent to $120,000, in a single fraudulent transaction. Despite attempts by @LeatherBTC to alert Apple and have the scam app removed, it has remained available, causing further concern among the cryptocurrency community. The incident, reported by @WGallagher, highlights ongoing issues with app store oversight and the risks associated with digital wallet security.

#Apple App Store #Apple

Written with ChatGPT (GPT-4).

Sources

AppleInsider@appleinsider
2 years ago
Bitcoin app accused of stealing $120,000 in another App Store failure https://t.co/9lMMGI6pCM #Apple
AppleInsider@appleinsider
2 years ago
Reports of another fake bitcoin wallet in the App Store are claiming that "Leather Wallet & Hiro Bitcoin" took over $120,000 in a single fraudulent transaction. By @WGallagher https://t.co/Abd6CBW6kX
iMore@iMore
2 years ago
"This scam wallet INSIDE Apple App Store stole 38,000 STX after importing." — A crypto trading app on the App Store was reportedly just used to steal $120,000 https://t.co/I7FyWBGWPk

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