Bitcoin app accused of stealing $120,000 in another App Store failure

Reports of another fake bitcoin wallet in the App Store are claiming that “Leather Wallet & Hiro Bitcoin” took over $120,000 in a single fraudulent transaction.

The App Store is meant to be safe from scam apps
The App Store is meant to be safe from scam apps

Apple claims the EU is weakening App Store security, and executives including Craig Federighi stress that users are at risk if its review process is skipped by alternative app stores. But it appears that yet another scam app has made it through Apple’s App Store review process.

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Bitcoin app accused of stealing $120,000 in another App Store failure