Apple Removes Malicious Trezor Crypto App from App Store

by Jun 21, 2023CryptoNews0 comments

Content: Apple has taken swift action to remove a fraudulent Trezor wallet app from its App Store after a security alert raised concerns about its presence. However, users should remain cautious as other copycat apps may still be circulating . The app, known as “Trezor Wallet Suite,” was designed to deceive users and steal their cryptocurrency by requesting their seed phrase. While the specific number of victims remains unknown, it is estimated that the app had been active for weeks, potentially impacting hundreds or even thousands of users 

Although the malicious app has been removed from the App Store, further investigation reveals another potentially dubious application called “MyTREZŌR Suite: One Edition.” This app has received warnings from users, highlighting it as a scam designed to steal cryptocurrency. Apple’s reputation for promptly removing suspicious apps is generally commendable; however, the continued presence of such apps raises concerns about the platform’s thoroughness in addressing potential threats .

To ensure the security of crypto wallet applications, it is recommended to download them exclusively from the official websites of the manufacturers. Although there is an iOS companion app available for Trezor users, it offers limited functionality and is not intended for standalone use. This incident serves as a reminder of the importance of exercising caution when downloading apps and verifying their legitimacy.

This is not the first time fake Trezor apps have emerged. In the past, scammers have exploited the Trezor brand to deceive users and steal their digital assets. Both Google and Apple employ screening processes for app submissions, but incidents like these highlight the challenges in maintaining a completely secure app ecosystem.

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Overall, it is essential for users to remain vigilant, exercise caution when downloading apps, and rely on trusted sources for obtaining crypto wallet applications. Apple and other platform providers are continuously working to enhance their security measures, but user awareness and proactive measures are crucial in safeguarding against potential scams and fraudulent activities in the ever-evolving digital landscape.

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