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Crypto

Apple Sued Over Bitcoin Losses from Fake Sparrow Wallet Apps

Guavy AI Editorial Team
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BTC
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Three users have filed a federal lawsuit against Apple, claiming that fraudulent Sparrow Wallet apps on the App Store caused Bitcoin losses totaling approximately $1.835 million between May and August 2025.

The fake apps, which requested wallet seed phrases, led to unauthorized transfers of Bitcoin to attacker-controlled addresses.

Apple says it quickly removed the impersonating apps and terminated related developer accounts but faces allegations of insufficient App Store protections.

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