A fake version of the Rabby Wallet crypto wallet app on Apple's App Store has reportedly been wreaking havoc on unsuspecting users, despite
On February 16, the team behind DeBank's Rabby Wallet confirmed that any app currently listed in the store is fake, as its official app is currently under review.
A FAKE iOS app has resurfaced. Please note that our iOS app is still under review.
Identify the actual app by developer: DeBank (Android) and DeBank Global Pte. Ltd. Ltd. (iOS).
For secure downloads, use ONLY our official website: https://t.co/OX9HxHo354
– Rabby Wallet (@Rabby_io) February 16, 2024
The impostor app is currently listed on the App Store under “Rabby Wallet & Crypto Solution” from a company called “Solution Development,” and the version history shows that it has been listed in the store for at least four days.
However, the app appears to remain despite a chorus of users reporting the imposter app to Apple.
A concerned user named 'manolodf' started a thread on Reddit on February 18 to warn others about the fake wallet app. They posted the same thread on Apple's discussion forum, sharing screenshots of users who had lost funds due to the malicious app.
“This is crazy and should NEVER happen in the Apple ecosystem. How does a counterfeit Crypto Wallet get to the app store that simply steals their money by pretending to be the real thing?” they asked.
One victim said she was “scammed out of around $5,000 this morning with this fraudulent app. “I have raised a support case with Apple to see if there is any means of refund as the app has been reported several times before.”
“I just lost 10% of my wallet due to a fake Rabby_io app from the Apple store.” he lamented another in X.
NFT collector 'bthemouth' reported that the fake app Rabby emptied their wallets after importing their seed phrase. The user shared an address supposedly belonging to the hacker, which contained just under 14 ETH worth around $40,000 at the time of writing.
So today I felt exhausted by a fake wallet in @Apple app store. It was a wallet that looked like @Rabby_io and I imported my seed there. After that, the person behind the scam managed to wipe out most of my assets.
So be careful with wallets, even in the app store (I thought a wallet was…
— bthemouth (@bthemouth) February 16, 2024
Read more: Apple removes malicious app Trezor from the App Store
This is not the first time that a fake Rabby wallet has appeared on the App Store. The app appeared on the App Store in October of last year and again in December, according to alerts by the Rabby team at the time.
In a similar case, on February 14, it was reported that a fake Curve Finance app was discovered and listed on the Apple App Store.
In November last year, Cointelegraph reported that a fake Ledger Live app that had infiltrated Microsoft's app store had stolen nearly $600,000.
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