Frauds continue to occur in the cryptocurrency world. Finally, a fake application on the Apple App Store managed to endanger users. Popular Bitcoin wallet Leather Imitating cryptocurrency applications poses great risks.
Fake crypto wallet in App Store stirred up social media
The fake app, hosted by an account called “LetalComRu,” uses Leather’s logo and branding to trick users on the App Store. In addition, the application that buys fake positive comments; It reportedly achieved a high average score of 4.9.
The company that is the developer of Leather stated that they do not have an official iOS application. That’s why he warned that the app listed on the App Store is a scam. According to the company’s statement, currently the wallet software is available only through the website.
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The malicious app was reportedly designed to hijack users’ crypto assets. Some investors posting on social media reported that they “lost everything” after unknowingly entering the fake application.
Experts say that the application secretly transfers funds such as Bitcoin and NFT to a different address. It also compromises user accounts by collecting credentials.
apple, fake Leather app lifted. However, this situation once again brought Apple’s application review processes and user evaluations into question.
So what do you think about this issue? Do you think Apple App Store strategies are correct? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.