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Apple Pulls Fake Ledger App and Freecash After $9.5 Million Crypto Heist Reports

The removals spotlight weak App Store screening.

Overview

  • Apple removed a counterfeit Ledger Live Mac app and the Freecash app after media investigations into crypto theft and data harvesting.
  • The fake wallet drained about $9.5 million from at least 50 users between April 7 and April 13.
  • Blockchain tracing linked the stolen funds to KuCoin deposit addresses and to AudiA6, a paid mixer that scrambles transactions to hide their source.
  • The counterfeit wallet asked users for seed phrases, a request legitimate crypto apps do not make.
  • Apple said Freecash broke rules on misleading marketing, and Apple has not explained how the fake Ledger app passed review.