Counterfeit Ledger App Scams Crypto Users Out of Over $760K on Microsoft App Store A phony
Ledger Live application was added to the
Microsoft App Store, according to a report from onchain a
nalyst Zachxbt on Saturday. Ledger is a cryptocurrency hardware wallet manufacturer. Since the attack, Microsoft has removed the counterfeit software from its applications store.
But the theft did not end there.
Zachxbt reported that another victim with an ETH/BSC address lost $180,000 from the fake Ledger application.
“How is this even possible?” one person asked Zachxbt. The analyst replied by saying that app companies
“do not vet apps diligently.” A similar instance occurred with Trezor this year when a fake app called “Trezor Wallet Suite” appeared in the Apple App Store.
At the time, Apple said,
“In the limited instances when criminals defraud our users, we take swift action against these actors as well as to prevent similar violations in the future.” Ledger’s support team alerted the Twitter community to the counterfeit application.
“Hey Ledger users. Beware of fake Ledger Live apps published on the Microsoft Store. The only safe place to download Ledger Live is on our website. Ledger will NEVER ask you for your 24-word recovery phrase. Stay safe.” Ledger further explained that the company also alerted Microsoft as well as the community.
