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HomeCoins NewsSolanaA faux Phantom pockets promoted on the iOS AppStore siphons off customers'...

A faux Phantom pockets promoted on the iOS AppStore siphons off customers' funds

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Faux Phantom pockets app in Apple Retailer allegedly drains property after account restoration with personal key. Phantom Pockets and Solana customers have been alerted to a fraudulent app mimicking the reputable Phantom Pockets.

A faux app printed by Meta Voxify and with unhealthy 1-star critiques seems as an commercial and deceptively resembles an genuine app developed by Phantom Applied sciences.

fromcrypto can verify that the app remains to be stay within the UK and might be obtainable in different territories. When trying to find “Phantom”, the faux app seems prominently on the high of the display and seems reputable with out additional investigation. It’s listed underneath the 'Schooling' class versus 'Utilities' the place the unique app exists. The faux app can also be apparently “17 years” within the retailer, making it unrealistically older than Solana and even Bitcoin itself.

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Swissborg co-founder Alex Fazel warned customers,

“Within the Apple Retailer, there’s a faux Phantom pockets app that appears like the true factor, however as soon as you utilize it, renew your account along with your personal key, it drains all of your property.”

There have been studies of serious monetary losses as a consequence of this rip-off. Mende Matthias, co-founder of Dubai Blockchain Heart, reported the theft of over $100,000 from his Phantom pockets on June 25, 2025. He talked about that the theft occurred shortly after he obtained the pre-sale tokens regardless of having sturdy safety measures in place. Matthias emphasised that he didn’t have interaction in suspicious hyperlinks, elevating considerations about how the safety breach occurred.

Phantom Pockets customers needs to be vigilant and solely obtain apps from verified builders to keep away from such scams. The incident highlights the continuing challenges and dangers within the crypto area and encourages the neighborhood to share data and pay attention to potential threats.

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It additionally raises questions concerning the AppStore's safety and vetting course of, which exacerbates the arguments in opposition to permitting app downloads by way of third-party shops. The AppStore, which was as soon as seemingly a pillar of safety, permitting the launch and promotion of a fraudulent clone of a monetary utility, is a major problem for customers.

The submit Faux Phantom Pockets Promoted in iOS AppStore Drains Customers of Funds appeared first on fromcrypto.

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