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Musician loses $420K Bitcoin ‘retirement fund’ via fake Ledger app

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Musician loses $420K Bitcoin ‘retirement fund’ via fake Ledger app

0.71%TRX$0.3215 0.02%BCH$425.79 0.04%DOGE$0.09086 0.45%XLM$0.1511 0.07%ETH$2,185 0.74%BNB$596.69 0.24%SOL$81.82 0.50%HYPE$41.87 3.49%XMR$346.50 1.81%XRP$1.32 0.54%ADA$0.2379 1.13%BTC$70,855 0.78%USD Written by Brayden Lindrea,Staff WriterReviewed by Felix Ng,Staff EditorMusician loses $420K Bitcoin ‘retirement fund’ via fake Ledger app6 hours agoBlockchain sleuth ZachXBT said Garrett Dutton’s 5.9 Bitcoin has already been sent to deposit addresses associated with KuCoin. Garrett Dutton, an American musician better known as “G. Love,” said he lost $420,000 worth of Bitcoin after installing a malicious app impersonating the self-custody crypto app Ledger Live from Apple’s App Store and entering his seed phrase. “I had a really tough day,” Dutton told his 67,500 followers in a post on X on Saturday, adding that he lost his 5.9 Bitcoin (BTC) stash “in an instant” after spending about 10 years

Source: https://cointelegraph.com/news/musician-loses-420k-bitcoin-retirement-fund-after-installing-fake-ledger-app?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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