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Fake crypto app on Apple App Store linked to $23K wallet theft

Original: Fake # crypto app on # Apple # AppStore linked to $23K wallet theft https://www. bleepingcomputer.com/news/secu rity/fak

A fraudulent crypto app that slipped onto Apple's App Store has been linked to the theft of roughly $23,000 from a user's wallet, according to BleepingComputer. The fake app posed as a legitimate crypto terminal to trick victims into entering their recovery credentials. The case highlights ongoing scrutiny of Apple's app review process and the risks of malicious apps reaching official stores.

Why now: Security researchers and users are alarmed that a scam app passed Apple's App Store review and stole cryptocurrency funds.

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