Fake wallet apps lured users via search ads, one address received 24.04 BTC
- —One scammer BTC address received 24.04 BTC across roughly 80 deposits
- —ZachXBT: over 50 victims lost about $9.5 million between April 7 and 13, 2026
- —Trezor analyst Lucien Bourdon says fake apps pose as urgent security or recovery notices
- —Ledger warns users never to share seed phrases or store them on internet-connected devices
Why it matters: The scheme bypasses hardware wallet protections through social engineering, so users should verify official recovery procedures instead of following search ads.
Source: TokenPost