Security· ★★★· bearish·

Trezor warns of fake apps stealing seed phrases

  • —Fake Ledger Live in the Mac App Store scammed about 50 users out of $9.5 million
  • —In August a fake Trezor Suite via Google ads collected roughly 24 BTC
  • —Trezor: seed phrases should only be entered on the hardware device itself
  • —AI has made it cheaper to build convincing fake wallets and apps
Why it matters: Rising phishing via app stores and search ads increases the risk of fund loss even for experienced users.
Source: DiarioBitcoin