Microsoft App Store’s Fake Ledger Live App Leads To $590K Bitcoin Stolen By Hackers

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Ledger Live is an app that allows ledger hardware wallet users to access and send their assets. A fake app named, “Ledger Live Web3” on the Microsoft Corp (NASDAQ: MSFT)App Store led users to assume that they were installing the actual Ledger Live interface for offline cryptocurrency storage. What Happened: Cryptocurrency detective ZachXBT said that the scammer received about 16.8 Bitcoin (CRYPTO: BTC), or $588,000, in 38 transactions using a particular wallet address, CoinDesk reported. Around $115,200 has been removed from the scammer’s wallet in two transactions, leaving a balance of $473,8…

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