$420K Stolen from G. Love via Fake Ledger App on Apple Store

American musician G. Love lost $420,000 in Bitcoin after downloading a fake Ledger Live app from Apple's App Store on his new MacBook Neo.

The malicious software prompted him to enter his seed phrase, resulting in the loss of 5.9 BTC in an instant.

G. Love acknowledged that the incident was 'my own damn fault for not being more diligent' and urged his followers to stay alert to scams.

ZachXBT, a blockchain investigator, traced the stolen funds to deposit addresses linked to crypto exchange KuCoin across nine separate transactions.