Fake Crypto Wallets in Apples AppStore Drain Users Funds

Byadmin

Jun 29, 2024
Fake Crypto Wallets in Apples AppStore Drain Users FundsFake Crypto Wallets in Apples AppStore Drain Users Funds

Users of Phantom Wallet and Solana have been warned about a fraudulent application that mimics the legitimate Phantom Wallet.

The fake application appears as an advertisement and deceptively resembles the authentic Phantom Technologies application. When searching for the term “幻象,” it prominently displays itself. Additionally, the application is falsely categorized under “教育” (education) instead of “服務” (services) and incorrectly claims to have been on the platform for 17 years.

Messages have surfaced regarding significant financial losses involving the same wallet. Mende Matthias, co-founder of the Dubai Blockchain Center, reported a theft exceeding $100,000 from his Phantom wallet on June 25. He mentioned that the incident occurred shortly after receiving tokens from a presale, despite having robust security measures in place.

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Solana integrates Worldcoin ID into its ecosystem

Phantom Wallet users are advised to remain vigilant and download applications only from verified developers to avoid such scams. This incident underscores ongoing challenges and risks in the crypto space, emphasizing the need for community awareness and information sharing. It also raises concerns about the security and App Store verification process of Apple, questioning the safety of endorsing and promoting fraudulent applications.

By admin

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