Yes, they are. But this situation is part of a list of reasons people use as a defense against the walled garden. It's supposed to prevent things like this.
Not 100% of the time as outlined by law as Reasonable diligence ie "care and attention that is expected from and is ordinarily exercised by a reasonable and prudent person under the circumstances."
No. Apple isn't at fault anymore then Youtube is on the hook for any copyright violating videos that they aren't told about or their bots don't find. That is what Reasonable Diligence means.
No it isn't, and if they do then they shouldn't. If you think people do then you both you and those people that do have totally missed the point on what the walled garden is about. And the fact that you can go out of the garden it isn't even a walled garden in the first place
LOL So none of it actually works 
Apparently the app changes itself after install. They claimed it was an app to secure your phone during review. Then the app changed.
True, but a monopoly has near total control of the market. Apple has a reasonably healthy competitor in android. The whole monopoly concept depends on so much Alice Through the Looking Glass Humpty Dumpty logic that it is unreal.
The most important thing is that the app wasn’t a legit app that got hacked/attacked. The app was designed to scam people from the beginning and was approved by Apple. That’s the main problem.
Dude, this is an app that's supposed to deal with transactions that can reach into the millions of dollars. Apple should absolutely vet these finance apps before allowing them on the store. This isn't rocket science
No it isn’t. It isn’t such an app. And one definitely should never ever put the seed key in any app regardless who where.
Could be one of those people who see something and immediately trust it/do what it says. Facebook is a scam gold mine of people falling for all kinds of old tricks that are so obvious. Let's not forget about that apple twitter hack where a crap ton actually believed apple was being nice and would send them money if they sent first
If an app is supposed to deal with million dollar transactions, then the developers are testing, testing, testing. And it won’t be a $0.99 app, it will cost hundreds or more. Apple checks that it works as an app. But a stock trading simulation game will get the exact same attention from apple as a real stock trading app.
That’s the thing. If the app was hacked by an attacker then I’d understand. You can’t blame Apple for that. But the app was created to scam people. That’s Apple’s problem.
Real banks and financial institutions have protections in place to reduce the occurrence of these scams, or at the very least give a hope of getting the money back. With cryptocurrency there is no such hope.
This is another example of why cryptocurrency is a bad thing, on top of being bad for the environment.
EDIT: I love how this reply is exactly as controversial as I expected it to be.
Ha, I hadn't read through the whole thread when I posted my reply just now, apologies for unintentionally copying you.
You can't go out of the garden on ios.No it isn't, and if they do then they shouldn't. If you think people do then you both you and those people that do have totally missed the point on what the walled garden is about. And the fact that you can go out of the garden it isn't even a walled garden in the first place
I guess this is where 2 factor authentication comes in. If it were a normal bank it would also probably be easier to track it and get your money back once you proved fraud. I don't think you can rely on apple to weed out everything. It never hurts to do a little bit of research yourself, especially as crypto is like the wild west for this type of thing.
Apple calumniaters: Before one turns over nearly $1M in assets, is due diligence required, or is that not a prerequisite if one owns bitcoin.
