Musician G. Love loses nearly 6 BTC to fake Ledger app scam on Apple App Store

Musician G. Love lost about 5.92 BTC, worth over $424,000, after downloading a fraudulent Ledger wallet app from the Apple Mac App Store. The fake app tricked him into entering his 24-word seed phrase, allowing attackers to steal his entire bitcoin holdings. The stolen funds were traced being laundered through Kucoin deposit addresses. Ledger warns users to only download software from their official website to avoid such scams, as hardware wallets cannot protect funds if the seed phrase is exposed. This incident highlights ongoing risks of fake crypto apps targeting macOS users.