Apple Sued Over $1.8M Losses from Fake Bitcoin Wallet App
Apple is facing a federal lawsuit after three users claimed they lost over $1.8 million to a fraudulent app, Sparrow Wallet, which remained on the App Store despite prior theft reports. The lawsuit alleges negligence in Apple's app vetting process, raising serious concerns about the security of cryptocurrency-related applications on its platform.
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Apple Sued After Fake iPhone Wallet App Drained $1.8M in Bitcoin
The suit claims Apple ranked a fake Sparrow Wallet app and put it in curated crypto collections alongside legitimate ones.
Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them
Apple’s tightly controlled App Store is facing renewed scrutiny after three Bitcoin holders alleged they lost $1.8 million to a fake crypto wallet, adding to a growing list of malicious wallet apps that have reached users despite the company’s screening process. The lawsuit, filed July 24 in California, accuses Apple of failing to adequately review […] The post Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them appeared first on CryptoSlate .
Apple kept fake bitcoin wallet on App Store after $875,000 theft report, lawsuit alleges
A lawsuit alleges Apple kept a fake bitcoin wallet app on its store after one user reported an $875,000 theft, leading to another user having roughly $840,000 stolen.
Apple faces $1.8M lawsuit over fake Bitcoin app
Apple faces a federal lawsuit from three users who allege a fake Sparrow Wallet app drained $1.835 million in Bitcoin during 2025.
Apple faces lawsuit over alleged $1.8M Bitcoin wallet app losses
Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million.