Fake Crypto Wallet on App Store Triggers $1.8M Lawsuit Against Apple

28-Jul-2026 CoinPedia
iPhone crypto wallet vulnerability

The post Fake Crypto Wallet on App Store Triggers $1.8M Lawsuit Against Apple appeared first on Coinpedia Fintech News

Apple is facing a lawsuit in California after three customers claimed to have lost a combined total of $1.8 million through a fake cryptocurrency wallet on the iOS App Store. Between May and August 2025, the application ran on the App Store as a supposed Sparrow Wallet application. Unwitting users failed to notice the ruse, …

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