Fake Ledger Live app sneaks into Microsoft’s app store, $588K stolen By Cointelegraph

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Almost $600,000 in (BTC) has been stolen from users who downloaded a fake Ledger Live application on Microsoft’s app store, according to cryptocurrency sleuth ZachXBT.

The on-chain analyst spotted the scam, “Ledger Live Web3,” on Nov. 5, which is tricking users into thinking that they’re downloading “Ledger Live” — a user interface for Ledger hardware wallets to store cryptocurrency offline.

The fake “Ledger Live Web3” app on Microsoft (NASDAQ:) Apps. Source: Microsoft