A fraudulent cryptocurrency trading application named Padre Terminal was available on Apple’s App Store and has been connected to the theft of approximately $23,000 from 27 Solana wallets. Blockchain investigator Iris confirmed that the malicious app drained wallets after users imported their private keys into it. The legitimate Padre trading service, now called Terminal by pump.fun, operates only through the web, meaning any mobile versions are fake. The malicious app has since been removed from the App Store.
Iris identified at least five other suspected cryptocurrency-related impersonator apps currently available on the App Store, including Axiom Pro: Focus, GMGN AI, HyperTerminal-HyperliquidTools, and Pump Fun Tokens & Analitycs. User reviews on these applications have exposed wallet theft allegations, with reported losses ranging from $2,000 to $2,020. Security experts recommend users access the App Store through official project websites and avoid installing apps with minimal downloads, few reviews, or publishers with names unrelated to the cryptocurrency projects they claim to represent.
Source: Read the full story at BleepingComputer
This summary was written with AI assistance from the linked source.
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