Ledger No-Live: Fake App Slurps $9.5M from 50+ Users via Apple's 'Secure' Garden

Well, folks, the crypto underworld has outdone itself this time. Our favorite blockchain detective ZachXBT has spotted a fraudulent Ledger Live app chillin' in Apple's App Store like it belongs there—turns out it was busy vacuuming up $9.5 million from over 50 unlucky degens between April 7-13. Nothing says "trust the process" quite like watching your life savings zip across chains.

The digital heist touched five different blockchains—Bitcoin, EVM networks, Tron, Solana, and Ripple. This sneaky counterfeit app straight-up phished wallet credentials and sent assets spinning to fresh addresses quicker than you can yell "rug pull." Efficiency goals, if you ignore the whole "stealing people's money" thing.

Our man ZachXBT played detective and followed the cash through a dizzying 150+ KuCoin deposit addresses, allegedly connected to something called AudiA6—a centralized mixer service running what appears to be a pay-to-launder operation with commission fees. Bold of someone to monetize money laundering in 2024. Entrepreneurial, even.

The WAGMI vibes were strong for some, until they definitely weren't. One unfortunate soul got absolutely wrecked to the tune of 3.23 million USDT gone on April 9th. Then another degen lost 2.07 million USDC on April 11th. And on April 8th, one poor bastard watched 20.64 BTC, 211 stETH, and 70 ETH vanish into the void. That's the kind of portfolio wipeout that requires serious therapy bills.

Apple eventually pulled the app, because apparently "trust and safety" is still a thing