Apple removes malicious Trezor app from App Store

An apparent malicious app purporting to be crypto hardware wallet Trezor has been taken off Apple’s App Store, though a quick search has revealed that other copycat apps are still lurking.

On June 20, Managing Partner at Crypto Lawyers, Rafael Yakobi, posted a security alert regarding

The safest way to download mobile applications for crypto wallets is from the manufacturers’ official website. While there is an app available for Trezor users on iOS, it’s merely a companion app with limited functionality.

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According to Apple news outlet 9to5mac.com, the world’s largest tech company isn’t too friendly when it comes to crypto apps, which are only supposed to be approved under strict circumstances. The outlet noted:

“While Apple says that the App Store “is a place you can trust” and fights against sideloading, what happens in real life is that even Apple can’t keep the App Store free of scams.”

Fake wallet apps on Apple’s App Store are nothing new. In 2021, one user reportedly lost $600,000 in Bitcoin (BTC) after downloading a malicious Trezor app from the App Store.

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