In a startling incident in the Bitcoin world, a fake Ledger Live application managed to infiltrate the Microsoft App Store, resulting in the theft of 16.8 BTC. The cunning scammer tricked users by stealing a staggering $588,000 and left the community shaken. Several analysts are sharing their investigations and findings on social media.

Fake Ledger Tricked Users With 16.8 BTC

On November 5, the story began when users searching for the official Ledger Live application on the Microsoft Store stumbled upon a fake version named “Ledger Live Web3.”

The notorious elements designed this deceptive app to mimic the legitimate Ledger Live app, a trusted user interface for Ledger…

Read more on bitcoinnews