Apple accused of letting fake crypto app steal $1.8 million
ID: 92dd537e-6180-5732-a734-c3f65178da82
STIX ID: report--92dd537e-6180-5732-a734-c3f65178da82
Feed Name: Malwarebytes Blog
Threat Score
A federal lawsuit alleges Apple allowed fake Sparrow Wallet iOS apps on the App Store that prompted users for recovery phrases and sent those secrets to criminals, resulting in roughly $1.8M stolen from three victims; the report also notes broader impersonation campaigns targeting seed phrases, developer complaints and concerns about Apple’s review/enforcement processes.
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