The user lost $990 thousand in bitcoins due to a fake app in the App Store

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Users lost at least $1.6 million due to a fraudulent service masquerading as a Trezor hardware wallet application.

One of the victims, Phillipe Christodoulou, found an app in the App Store called "Trezor". After he entered his details to check his balance, all his bitcoins were stolen. Kristodulu lost 17.1 BTC.

Sensor Tower, an analytical company, claims that the app was available in the App Store from at least January 22 to February 3 and could have been downloaded about a thousand times. Experts from the British company Coinfirm, which specializes in regulating cryptocurrencies, noted that at least five people could have become victims of fraudsters, and the total damage exceeded $1.6 million.

Apple explained that initially scammers send other services for verification, and after adding them to the app store, they turn them into phishing ones. Initially, the fake Trezor program was positioned as a cryptographic service for encrypting files and storing passwords, not related to cryptocurrencies.

Google said it was aware of two fake Trezor apps appearing on the Google Play Store; the company has already removed both. According to Sensor Tower, the Trezor app was in the Apple App Store from at least January 22 to February 3 and was downloaded about 1,000 times. The number of downloads on Android was the same.
 
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