A fake cryptocurrency app claiming to be related to Bitcoin wallet Leather has been found in the Apple App Store and is robbing people of their digital assets.
It was published by a developer called LetalComRu and uses the Leather logo. To create the illusion of legitimacy, the creators of the app also collected fake reviews for it and it was rated 4.9 out of 5.0.
The fake app is a wallet drainer, meaning it’s designed to drain victims’ crypto wallets. Unfortunately, some people fall victim to it and end up losing the assets they have accumulated after years of hard work.
The fake app likely tricked people into giving away their secret password and made transactions on their behalf, moving assets like cryptocurrency and NFTs into a wallet belonging to the actors behind the app.
In case you have downloaded the fake Leather app and entered your password in it, it is recommended that you transfer your cryptocurrency to a new wallet.
Apple was notified of the fake app by Leather a week ago, but it is still available in the App Store.