Overview
- Musician Garrett Dutton, known as G. Love, says he lost about 5.92 BTC after downloading a convincing counterfeit Ledger wallet app from Apple’s App Store and entering his seed phrase.
- After he typed in the 24‑word recovery code, scammers accessed his wallet and drained the funds in a single sweep.
- Blockchain sleuth ZachXBT traced the stolen bitcoin to exchange accounts, and KuCoin said it froze suspicious accounts after the transfers were flagged.
- Apple has not publicly addressed how the fake listing cleared review, and reports say the fraudulent app has since been removed from the store.
- Dutton pushed back on skeptics after sharing a donation address, while security experts point to a broader rise in crypto scams and stress that real wallet apps never ask for seed phrases; the FBI logged $11.36 billion in crypto losses in 2025.