Fake Phantom wallet promoted in iOS AppStore drains users funds
Counterfeit Phantom pockets promoted in iOS AppStore drains customers funds Counterfeit Phantom pockets promoted in iOS AppStore drains customers funds
Phantom Wallet customers warned of fraudulent app that resembles reliable model, ensuing in basic monetary losses.
Quilt art work/illustration by capability of CryptoSlate. Image entails mixed vow material which could per chance well consist of AI-generated vow material.
A fraudulent Phantom pockets app within the Apple Store is reported to empty assets upon story recovery with a non-public key. Phantom Wallet and Solana customers had been alerted to the faux app mimicking the reliable Phantom Wallet.
The fraudulent app, printed by Meta Voxify and with miserable 1-huge establish opinions, appears to be like as an advert and deceptively resembles the reliable application developed by Phantom Applied sciences.
CryptoSlate can verify that the app remains to be reside within the UK and will be readily available within the market in other territories. When searching for ‘Phantom,’ the fraudulent app appears to be like prominently on the high of the veil, exhibiting reliable without deeper inspection. It's a long way listed within the ‘Training’ class versus ‘Utilities’, the build the fashioned app exists. The fraudulent app has also it appears to be like been within the retailer for ’17 years’ and is thus unrealistically older than Solana and even Bitcoin itself.
Swissborg co-founder Alex Fazel warned customers,
“There is a fraudulent Phantom pockets app within the Apple Store that appears to be like to be accurate but will drain all of your assets as quickly as you exhaust you gather better your story with a non-public key.”
Reviews agree with surfaced about basic monetary losses which capability that scam. Mende Matthias, co-founder of the Dubai Blockchain Heart, reported a theft exceeding $100,000 from his Phantom pockets on June 25, 2025. He mentioned that the theft befell almost as we disclose after he bought presale tokens no matter getting strong security features in contrivance. Matthias emphasised that he failed to engage with suspicious links, raising concerns about how the protection breach took contrivance.
Phantom Wallet customers wants to be vigilant and handiest discover apps from verified developers to retain a long way from such scams. The incident highlights the continuing challenges and dangers inner the crypto contrivance, urging the group to part files and terminate urged about doable threats.
It additional raises questions about Apple’s AppStore security and vetting direction of, worsening arguments in opposition to allowing the sideloading of apps thru third-gather collectively stores. Once reputedly a pillar of security, the AppStore allowing the listing and advert promotion of a scam clone of a monetary app is a extreme distress for customers.
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Liam 'Akiba' Wright
In most cases identified as "Akiba," Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized skills has the doable to originate in model obvious swap.
Recordsdata Desk
CryptoSlate is a entire and contextualized supply for crypto news, insights, and knowledge. Focusing on Bitcoin, macro, DeFi and AI.
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