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Musician G. Love loses $420,000 in BTC to fake Ledger app
American musician Garrett Dutton, better known as G. Love, said he lost 5.9 BTC worth about $420,000 after installing a malicious app posing as the Ledger Live crypto wallet on the App Store. According to him, he entered his seed phrase after installing the app, and the funds disappeared almost instantly. As the artist shared on X, the 5.9 BTC had been accumulated over nearly a decade and were intended as part of his retirement savings. Dutton admitted it was his mistake for not being careful enough, but said his case should serve as a warning to others. On-chain analyst ZachXBT later reported that the stolen Bitcoin ... (full story)
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