Connect with us

Software

Apple user lost $ 600,000 in an application from the App Store

Published

on

Phillipe Christodoulou installed a fake Trezor wallet app on his iPhone and invested nearly $ 600,000 in bitcoin. He soon found that he had lost all his savings.

The creators of the fake app were able to avoid verification, and as a result, it was posted on the App Store. Those who installed the fake app believed it was the official app of Trezor, the maker of cryptocurrency hardware wallets.

Trezor has consistently stated that companies have no Android or iOS apps, and has complained about fake apps featured in Apple and Google Play stores. In December 2020, the company warned Android users who own a physical Trezor wallet that these apps are fake and should not be installed on their devices. Trezor also notified Google of these fake applications to protect users’ bitcoin and other cryptocurrencies. Google promptly removed the Android version of the fake Trezor wallet back in December 2020.

While Apple continues to insist that its app store is one of the safest places, a specific case has shown that this is not the case. Apple should develop a more robust approach to dealing with fake apps by quickly identifying and removing them. Christodoulou said that now he does not trust Apple and would like the company to be punished.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

News41 mins ago

Apple resolves $ 5 billion class action lawsuit

Three years ago, the National Consumer and User Corporation of Chile filed a class action lawsuit against Apple, accusing it...

News52 mins ago

Tamron promises to introduce “large” lens on April 22

Tamron, an interchangeable lens company, has posted a promotional image to show its immediate plans. This is an image of...

News3 hours ago

Large radiators have been added to the Alphacool range – the UT60 model is designed for nine fans

Alphacool has expanded its large sized radiator range with four models. The first two 86 mm radiators are compatible with...

News4 hours ago

Yamaha’s Adecia family joins the RM-TT desktop microphone

Yamaha introduced the RM-TT wired desktop microphone. It joins the Adecia family of easy-to-install teleconferencing collaboration and learning solutions: RM-CR...

News6 hours ago

Smart thermostat market to reach $ 6.4 billion by 2026

ResearchAndMarkets.com has prepared a forecast for the smart thermostat market. It covers the period from 2021 to 2026. Analysts estimate...

News7 hours ago

The first images of the Canon RF 100mm f / 2.8 L Macro IS USM arrive

The source has released the first images of the Canon mirrorless lens, which is expected to be announced in the...

News7 hours ago

Omdia predicts that retractable TVs won’t be popular in the coming years

Starting last fall in the South Korean market, LG Electronics is expanding its sales geography of the 65-inch LG Signature...

News7 hours ago

An organization established to accelerate the widespread adoption of open source FPGA technology

The Open-Source FPGA Foundation (OSFPGA) announced its creation this week. It is a not-for-profit organization dedicated to raising awareness around...

Most Popular