American musician G.Love mistakenly downloaded a malicious Ledger app, losing 5.92 BTC, and the funds have already flowed into a certain CEX

BTC2.01%

Gate News update: On April 12, G.Love, a Philadelphia musician in the United States, said that while switching computers and reconfiguring his Ledger crypto wallet, he mistakenly downloaded a malicious counterfeit app from Apple’s App Store, resulting in about 5.92 BTC being fully transferred in a short period of time. Later, on-chain investigator ZachXBT said he had traced the flow of the stolen funds, and that the relevant assets were transferred via the deposit address of a certain CEX. ZachXBT also questioned Apple’s App Store review mechanism, saying that the platform’s process allows counterfeit apps to be listed, further amplifying risks to users’ asset security.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Breaks $82,000 Today, Up 1.68% in 24 Hours

According to ChainCatcher, Bitcoin (BTC) broke above $82,000 on May 10, with BTC/USDT trading at $82,031.7 according to Gate's market data. The asset gained 1.68% over the past 24 hours.

GateNews1h ago

BTC breaks through 82,000 USDT

Gate News bot message, according to Gate market data, BTC has broken above 82,000 USDT, with a current price of 82,031.1 USDT.

CryptoRadar1h ago

Bitcoin Profit-Taking Signals Bear Market Rally, CryptoQuant Says

Bitcoin profit-taking is likely to increase further following the recent price rally, according to onchain analytics firm CryptoQuant. The analysis, published by The Block, examines whether the current market move represents a structural bull market transition or a temporary "bear market rally."

CryptoFrontier1h ago

Morgan Stanley's Bitcoin ETF Absorbs $194M in First Month With Zero Daily Redemptions

According to The Block, Morgan Stanley Bitcoin Trust (MSBT) completed its first month without recording a single day of net redemptions, a streak that no rival spot bitcoin ETF matched over the same window. MSBT, which launched on April 8, accumulated $194 million in total net inflows through

GateNews1h ago

Institutional Investors Purchased 64,722 Bitcoin in April 2026

According to published data, institutional investors and publicly traded companies purchased 64,722 BTC in April 2026, with a net increase of approximately 57,791 BTC. April 2026 became one of the largest institutional Bitcoin buying periods since mid-2025. Strategy, led by Michael Saylor, led the

GateNews3h ago
Comment
0/400
No comments