Fake Apple Wallet App Steals $1.8M in Bitcoin
Apple has been sued after a fake iPhone wallet app drained over $1.8 million in Bitcoin from unsuspecting users.
The scam app, which mimicked Apple's official Wallet app, was downloaded by thousands of people who were tricked into sending their cryptocurrency to the scammers' wallets.
According to reports, the fake app was designed to look exactly like the real thing and even used Apple's branding to make it seem legitimate.
The lawsuit alleges that Apple failed to take adequate measures to prevent the scam and is seeking damages for the losses suffered by the victims.