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A fake version of Ledger Live distributed via Apple’s App Store has been linked to at least $9.5 million in crypto theft.
A fake Ledger Live app on Apple's App Store enabled at least $9.5 million in crypto theft.
KEY POINTS
- The phishing campaign affected over 50 victims across multiple blockchains between April 7 and April 13.
- Stolen funds were laundered through more than 150 KuCoin deposit addresses and the AudiA6 mixing service.
- KuCoin's involvement is notable given its recent regulatory bans and prior anti-money laundering settlements.
- Apple may face legal risk due to the fake app passing App Store review and causing large-scale losses.
COMPANIES
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