Man blames Apple for bitcoin theft by fake app in App Store

Apple has been blamed for enabling a scam app to steal bitcoin worth $600,000 from a man, by listing the fake app that pretended to be by another company in the App Store.

Cryptocurrency owner Phillipe Christodoulou discovered an app he had installed on his iPhone was fake in February, when he went to check his savings. The app, which was supposedly a companion app for cryptocurrency storage device producer Treznor, turned out to not be associated with the firm at all.The mistake cost the user dearly, with Christodoulou claiming he had lost 17.1 bitcoin, which was valued at $600,000 at the time, reports the Washington Post. The app was fake, and had effectively handed over the cryptocurrency to scammers.

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