The development of cryptocurrency technology has resulted in a proliferation of cryptocurrency apps. Alongside the legitimate ones, there has been a troubling surge in fake apps designed to deceive users and unlawfully obtain their money.
The development of cryptocurrency technology has resulted in a proliferation of cryptocurrency apps. Alongside the legitimate ones, there has been a troubling surge in fake apps designed to deceive users and unlawfully obtain their money, and one of those was able to bypass the App Store safety checks.
If you have recently installed a Trezor Wallet app, verifying whether it is legitimate Trezor Suite Lite or the fake Trezor Wallet Suite is crucial. The fake app has already been removed from the App Store. In his tweet, Yakobi cautioned that the fake app prompts users to provide their seed phrases, granting the app's operators access to all the victim's cryptocurrency holdings. And as we can see from some comments on the tweet, this has already happened to at least one user.
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