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Security · 1h ago

Apple sued after fake wallet app drains $2M in Bitcoin

By Meridian48 News Desk · Summarised from 9to5Mac ·

Three customers are suing Apple after a fake cryptocurrency wallet app bypassed App Store review and stole nearly $2 million in Bitcoin. The plaintiffs claim Apple's vetting process failed to catch the scam, which wiped out their holdings. The lawsuit seeks damages for negligence and breach of trust.

Meridian48 take
This case highlights a recurring blind spot in Apple's app review, where sophisticated scams still slip through despite promises of safety.
Read the full reporting
Three customers sue Apple after fake wallet app wipes out their Bitcoin →
9to5Mac
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