Lawsuit Claims App Store Hosted Fake Bitcoin Wallet
🔒 Three plaintiffs allege they lost about $1.8 million in Bitcoin after installing a fraudulent Sparrow Wallet app from the App Store. The July 24 complaint accuses Apple of inadequate app review and monitoring, saying the malicious app impersonated the legitimate desktop-only Sparrow Wallet and prompted users to enter seed phrases. Victims reported the fraudulent app to Apple, which later removed impersonating apps and terminated developer accounts, but plaintiffs say warnings had been issued to Apple over a year earlier.
