Apple Allowed a Fake Crypto App to Become #3 in the App Store – Isn’t Taking It off Despite Multiple Alerts
https://wccftech.com/apple-allowed-fake-cryptocurrency-app/
An unofficial app found its way to the top of the Apple’s App Store. Thanks to how bitcoin prices have been going through the roof, criminals are getting more ambitious and successful than ever before trying to leverage that popularity. And as for Apple is concerned, the company appears to be on a security downhill since the past several weeks.
The app in question is purporting to be the official app for the popular MyEtherWallet.com service and is being sold for $4.99 in the App Store. According to TechCrunch, the app is at least a week old, and rose to be the third most popular ranking app in the finance category. This happened during the weekend bitcoin frenzy when the Coinbase app also reached to the top. However, Coinbase was official and a free app.