Musician Loses $420K in Bitcoin After Downloading Fake Ledger Wallet App from Apple App Store

A musician lost $420,000 worth of Bitcoin after downloading a fraudulent Ledger wallet app from the Apple App Store. While Bitcoin's blockchain is considered secure, vulnerabilities often exist at the application level.

By Anders Bylund · Motley Fool · May 8, 2026, 13:57 UTC

Tickers: $AAPL

Topics: Apple App Store security Bitcoin Ledger wallet scam

Read the full article at Motley Fool

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