Onchain investigator ZachXBT publicly alleged that more than $9.5 million stolen through a fraudulent Ledger Live app on Apple’s App Store was laundered through over 150 Kucoin deposit addresses.
Key Takeaways:
ZachXBT linked $9.5M in theft from a fake Ledger Live Apple App Store app to an alleged 150+ Kucoin deposit addresses. Musician G. Love lost nearly 6 BTC; the 3 largest victims each lost 7 figures between April 7-13. Apple did end up removing the phony application from the App Store. Fake Ledger Live iOS App Drained $9.5M Before Apple Pulled It, ZachXBT FindsKucoin had not publicly responded to those specific allegations as of the time of publication. The UID and ticket number response was likely from a customer service agent.
The fake Ledger Live app’s presence on Apple’s App Store raised broader questions about how malicious software clears Apple’s review process and how long it can operate before removal.
