Fake crypto wallet in App Store for four years drained $120K in Stacks
A crypto-draining app that mimics bitcoin wallet Leather was available to download via Apple’s app store for at least four years, despite being the subject of repeated warnings and reportedly stealing $120,000 in Stacks (STX). Last Monday, Leather warned its followers on X (formerly Twitter) to avoid downloading the fake app and entering any seed phrases. It clarified that it hadn’t yet issued an iOS app, saying “We promise we’ll let you know once our mobile app is actually ready.” On Monday, Portal Finance founder George Burke claimed to show a transaction demonstrating that the fake app stole just under 38,000 STX, worth roughly $120,000 . He also told the co-creator of Stacks to warn his community about the Scam . Just lost my ordinals. Might have downloaded a bad version of Leather Wallet from the App Store. Unbelievable. All my decent stuff went here.https://t.co/8zG9061Tiw — VonDoom.eth ️ (@CryptoVonDoom) March 10, 2024 Read more: China has pr...