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Weak App Store protections at core of $1.8M crypto app fraud lawsuit

Users got robbed of $1.8 million by a bitcoin wallet app hosted on the App Store impersonating a legit crypto exchange. The victims are suing Apple.

Blue 3D rounded square app icon with a stylized red letter A symbol in the center, floating against a smooth blue gradient background
Apple tries to keep the App Store safe, but malicious apps keep slipping through.

Apple has a process for conducting reviews of apps before they become available to download from the App Store. While Apple is doing a lot of work to keep users safe, it isn’t infallible, and sometimes the results can be expensive.

In a lawsuit filed on July 24 in the U.S. District Court for the Northern District of California, San Jose Division, a trio of plaintiffs have complained about a scam app that managed to reach the App Store.

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