Nov 14, 04:42 AM

Phantom Wallet's iOS Update Causes App Resets; One User Reports $1 Million Loss

Phantom Wallet's recent iOS update caused some users to experience app resets and get logged out, resulting in loss of access to their wallets if they did not have their recovery phrases backed up. One user claimed to have lost up to $1 million due to the issue. The company acknowledged that a small number of iOS users were affected, apologized, and released a new update to prevent further occurrences. Phantom indicated it cannot recover funds for affected users. Users are advised to back up their seed phrases and update the app to restore access to their wallets.

#Phantom Wallet #iOS #Phantom

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