Fake Ledger Live App Steals $9.5M From 50+ Users Across Multiple Blockchains

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TRX-0,16%
SOL5,11%

Gate News message, April 15 — A fraudulent Ledger Live application on Apple’s App Store stole approximately $9.5 million from more than 50 users between April 7 and 13, according to blockchain researcher ZachXBT. The fake app compromised wallet information and drained assets across five major blockchains: Bitcoin, EVM-based networks, Tron, Solana, and Ripple.

ZachXBT’s investigation traced the stolen funds through more than 150 deposit addresses on a major CEX, with the assets being laundered via a service called AudiA6, which offers illegal fund laundering with high commissions. The incident highlights recent increases in illicit activity on the exchange, which previously paid over $300 million in U.S. fines for anti-money laundering violations and was restricted from accepting new EU users by Austrian regulators in February 2026.

Three major investors suffered particularly severe losses: one user lost 3.23 million USDT on April 9, another lost 2.07 million USDC on April 11, and a third lost 20.64 BTC, 211 stETH, and 70 ETH on April 8. Apple has since removed the fraudulent application from its platform.

The incident has reignited concerns about App Store security and moderation processes, with experts noting that a potential class-action lawsuit against Apple is being discussed.

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