Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S. state of Maryland and a full-time cyber-security IT professional, has filed a class-action lawsuit against Apple Inc. She alleges that the company authorized and maintained “a malicious application” in its App Store despite knowledge of the criminal activity. In addition, the....
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For the time being, Bitcoin and other cryptocurrencies remain a high-value target for criminals. Fake Bitcoin wallets are a real threat to the cryptocurrency ecosystem. Mainly the Apple App Store seems to allow illegitimate wallets more often than not. A total of six new false wallets has been added to the Apple App Store over the past few days. Bitcoin users need to be aware of these issues and make sure they only install legitimate offerings. Six new malicious wallets on the Apple App Store is quite a significant development. Not in a positive manner by any means, though, as the....
Bitcoin is once again making headlines everywhere, mostly for all the right reasons this time around. However, where there’s money to be made, there’s also scammers waiting in the shadows to steal funds whenever they can. The latest situation involves a highly sophisticated replica of a popular Apple iPhone app, a malicious application from Apple’s […]
It is not the first time fake Bitcoin wallet applications are made available in the Apple App Store either. Malicious Bitcoin wallets on mobile devices are a bigger threat than most people give it credit for. Mainly the Apple App Store seems to be rather lenient towards these types of applications, as they appear to slip through the verification process without much problems. The latest addition to this growing list is Bitwallet, which is allegedly created by the GreenAddress team. To make things clear, the GreenAddress team has not created the iOS BitWallet application. Somebody is....
Scammers stole Apple’s thunder on September 9, 2024, regarding the iPhone 16 launch, by attempting to trick would-be buyers with deepfake videos of its CEO, Tim Cook. Related Reading: Crypto Crackdown: SEC Fines Hit $4.68 Billion In Aggressive Regulatory Push Indeed, this shows the spiraling threat of AI-driven fraud as cybercriminals start to make use […]
Tech giant Apple has been picky lately when it comes to certain cryptocurrencies. However, on September 12 the Cupertino, California-based firm revealed three more altcoins have been approved for its App Store. Lisk, Digicash and Steem Allowed in the App Store. Apple left the crypto-community in a state of confusion after the removal of two....