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Users lose $9.5M to fake Ledger wallet app on the Apple App Store (web3isgoinggreat.com)
post_break 13 minutes ago [-]
Thankfully the App Store doesn't allow side loading, because it completely stops fraud like this. At least that's the number one reason why I keep getting told if we allow side loading this will happen.
LunaSea 1 hours ago [-]
I thought that Apple was reviewing each and every app which was the reason that justified them getting a silly 30% margin from all app revenues?
pants2 13 minutes ago [-]
Apple only banned they app because they didn't get a 30% cut of the stolen crypto
rafaelmn 28 minutes ago [-]
hOw WOulD mY graNDparNtS AvOiD getTiNG sCAmmED iF APPLE did nOT locK dOWn evEryThinG ?
2OEH8eoCRo0 25 minutes ago [-]
I think people are less safe overall because they believe the walled garden is safe and they let their guard down.
tadfisher 19 minutes ago [-]
Source article: https://www.coindesk.com/business/2026/04/14/a-fake-ledger-a...

Choice quote:

> Blockchain investigator ZachXBT later traced the stolen 5.92 BTC [0], showing it was rapidly funneled through a series of transactions into KuCoin deposit addresses, consistent with a broader laundering pattern identified across the incident.

Ah, there's nothing else quite like a Seychelles-based cryptocurrency exchange which was booted from the US for facilitating money laundering. This is good for Bitcoin.

[0]: https://t.me/investigations/313#

scotty79 4 minutes ago [-]
Apple should be on the hook for that. If you moderate, you are responsible for damage.
tencentshill 1 hours ago [-]
They only needed it to exist on the app store for a week before stealing millions with zero recourse. These wealthy crypto people need to stop being cheap and hire financial advisors. The only reason for not doing so is if it was gained illegally in the first place.
wmf 24 minutes ago [-]
A lot of people got into crypto because they want to manage their own money. They aren't going to use crypto financial advisors.
pixel_popping 19 minutes ago [-]
Entering your seed phrase with that much money on a phone is really non-sense :/
2OEH8eoCRo0 23 minutes ago [-]
Apple should be liable for this.

If Walmart sells a dangerous product, even unknowingly, they can be liable. Why are digital stores different?

pwillia7 2 minutes ago [-]
Walmart wasn't created late enough in the 2nd gilded age to effectively lobby the government against having any rules
dude250711 59 minutes ago [-]
Unidirectional wall garden.
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