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HomeCryptoSolanaPretend Phantom pockets promoted in iOS AppStore drains customers funds

Pretend Phantom pockets promoted in iOS AppStore drains customers funds

A faux Phantom pockets app within the Apple Retailer is reported to empty property upon account restoration with a non-public key. Phantom Pockets and Solana customers have been alerted to the fraudulent app mimicking the respectable Phantom Pockets.

The faux app, revealed by Meta Voxify and with poor 1-star evaluations, seems as an advert and deceptively resembles the genuine software developed by Phantom Applied sciences.

cryptoteprise can verify that the app remains to be dwell within the UK and may very well be accessible in different territories. When trying to find ‘Phantom,’ the faux app seems prominently on the high of the display, showing respectable with out deeper inspection. It’s listed within the ‘Training’ class versus ‘Utilities’, the place the unique app exists. The faux app has additionally apparently been within the retailer for ’17 years’ and is thus unrealistically older than Solana and even Bitcoin itself.

Swissborg co-founder Alex Fazel warned customers,

“There’s a faux Phantom pockets app within the Apple Retailer that appears actual however will drain all of your property as quickly as you utilize you get well your account with a non-public key.”

Stories have surfaced about important monetary losses on account of this rip-off. Mende Matthias, co-founder of the Dubai Blockchain Middle, reported a theft exceeding $100,000 from his Phantom pockets on June 25, 2025. He talked about that the theft occurred shortly after he acquired presale tokens regardless of having strong safety measures in place. Matthias emphasised that he didn’t have interaction with suspicious hyperlinks, elevating issues about how the safety breach occurred.

Phantom Pockets customers needs to be vigilant and solely obtain apps from verified builders to keep away from such scams. The incident highlights the continued challenges and dangers throughout the crypto area, urging the group to share info and keep knowledgeable about potential threats.

It additional raises questions on Apple’s AppStore safety and vetting course of, worsening arguments towards permitting the sideloading of apps via third-party shops. As soon as seemingly a pillar of safety, the AppStore permitting the itemizing and advert promotion of a rip-off clone of a monetary app is a critical concern for customers.

The submit Pretend Phantom pockets promoted in iOS AppStore drains customers funds appeared first on cryptoteprise.

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