Skip to main content

Share story

Security Products

Fake Ledger Live app on Apple App Store stole $9.5M from 50 crypto victims

Fake Ledger Live app on Apple App Store stole $9.5M from 50 crypto victims Image: Primary
A malicious Ledger Live app for macOS available on Apple's App Store drained approximately $9.5 million in cryptocurrency from 50 victims over several days this month, according to blockchain investigators. Users who downloaded the fake application were tricked into entering their seed phrases, giving attackers full access to their wallets. The stolen funds were moved across multiple blockchains including Bitcoin, Ethereum, Tron, Solana, and Ripple, then laundered through more than 150 deposit addresses on the KuCoin exchange linked to a mixing service called "AudiA6." Three individual victims lost seven-figure amounts between April 8 and April 11, with losses of $3.23 million, $2.08 million, and $1.95 million. Musician G. Love reported losing 5.9 BTC after downloading the app, a loss confirmed by blockchain investigator ZachXBT. The fake app was submitted to the Apple App Store under publisher name 'Leva Heal Limited,' which has no association with the legitimate Ledger development team. Apple has since removed the malicious application following multiple user reports. KuCoin announced it has frozen accounts involved in the scheme until April 20, though the freeze could be extended with official law enforcement requests. Notably, Ledger offers a Mac app through its website but not on the Apple App Store, where only an iOS-compatible version is available. This availability gap has been exploited by threat actors before, including a 2023 incident targeting the Microsoft Store that resulted in $768,000 in stolen cryptocurrency.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from BleepingComputer and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Products
AI Products

Tencent plans about $5 billion bond offering to help fund AI spending

Tencent told fixed-income investors Monday that a planned bond offering of about $5 billion would help finance AI-related capital expenditures, Bloomberg reported, citing people familiar with the matter. The offering would provide...

Products Security
Products Security

IonQ agrees to acquire Elisity for up to $1.3 billion in stock

Quantum computing firm IonQ has agreed to acquire Elisity for as much as $1.3 billion in an all-stock transaction, Bloomberg reported. The deal is intended to expand IonQ's cybersecurity platform to address dangers assisted by art...

Security
Security

CloudConnect CRM flaw reportedly allows data theft without a login

Attackers are exploiting a CloudConnect vulnerability to remotely access and steal customer data and internal business records without logging in, The Tech Edvocate reported. The flaw in the cloud platform, which businesses use to...

Science AI
Science AI

Researchers demonstrate AI detection of rabies in cell cultures

Researchers at the University of Surrey and the Animal and Plant Health Agency developed an AI workflow that detects rabies infection in cell cultures and measures antibody concentrations. In a study published in Scientific Report...