This Fake App Store Crypto Wallet Stole Musician's Life Savings

Apple has a huge problem. A fake app slipped through the App Store and stole a musician's life savings. Right, G-Love, front man of G-Love and Special Sauce, revealed that he lost 5.92 Bitcoin, over $420,000, after he downloaded what looked like

the official Ledger crypto wallet from Apple's App Store. With the app prompting him to enter his 24-word seed phrase, and the moment he did, everything got drained instantly. stolen funds through nine transactions into KuCoin, an exchange notorious for compliance failures. Reddit lost its EU license back in February after having it for just three months. And once crypto lands there, recovery is basically impossible. Now, G Love said that he takes responsibility

for not being more careful, and semi-jokingly told followers they could donate if they felt bad, but this is also bigger than one person. This is the Apple App Store, the platform that people trust because Apple is supposed to be strict about what gets through. And so you have the question of, well, how did a fake crypto wallet with a misspelled name pass through the review process?

And well, it turns out something similar happened before on other secure platforms. In 2023, a fake Ledger app on Microsoft's store stole $600,000 the same way. And Ledger itself, it has a full page of warnings telling people to only download from their website.

telling people to only download from their website. And so while Apple very likely