$ 600,000 in bitcoin (BTC) stolen from “Trezor app,” how could this happen?

A whopping $ 600,000 worth of bitcoin (BTC) was recently stolen from an investor. He used an app from Apple’s App Store because he believed it would be safe. However, it was a scam and the investor blames Apple, The Washington Post reports on March 30:

Phillipe Christodoulou has lost almost all his money. The investor downloaded a Trezor app from the App Store last month to check his BTC balance. But Trezor, a cryptocurrency wallet manufacturer, doesn’t have an app on iOS at all.

The app appears to be from Trezor and was rated five stars on the App Store. However, after the investor entered his seed phrase (password), 17.1 BTC was immediately stolen from his wallet.

Christodoulou blames Apple, as the company bills itself as “the world’s most trusted apps marketplace” and collects 15-30% for the control and curation of apps that appear on the App Store.

“They have the confidence I betrayed in them. Apple doesn’t deserve to get away with this. ”

Said Christodoulou, who has reported it to the Federal Bureau of Investigation (FBI). He says this destroyed him and that he is now going to a psychiatrist and taking medication, but he still hasn’t heard from Apple.

The reactions from the crypto community vary widely. Many people show understanding and pity for the investor, but there are also those who say it is his own fault. According to them, the investor should have done proper research first.

This form of scam is increasingly common. According to Coinfirm, $ 1.6 million has already been stolen via fake Trezor apps on iOS and many more types of fake wallet apps exist in the market. Trezor warned a few days ago about such an app on the Google Play Store:

Lost Password

Skip to toolbar