Do police catch every speeder on the road? Apple will never be able to catch every ne'er do well app. But with multiple app stores, the problem will proliferate, imo.
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Bitcoin Scam App Approved by Apple Robs iPhone User of $600,000+
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So you download an App from the internet (AppStore) that you’ve never ever used before, with no release history and probably a couple of bad reviews as it turned out to a scam, then you enter your private account info to give this app full control over approx 600.000 $.
Sorry, but that just makes you not the most clever person on this planet.
It is well known that fake apps exist, Apple will never be able to 100% filter out scams. Any expectation that Apple can fully eliminate this risk and let you blindly trust whatever you download from the AppStore is just completely ignorant!
Sorry, but that just makes you not the most clever person on this planet.
It is well known that fake apps exist, Apple will never be able to 100% filter out scams. Any expectation that Apple can fully eliminate this risk and let you blindly trust whatever you download from the AppStore is just completely ignorant!
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As a relatively new developer on the App Store, it’s surprising how many scammy apps there are and how many companies are gaming the system on it. Apple’s App Store is not nearly what’s been promised by them. Too much is going wrong in the App Store for Apple to maintain its being a “safe” experience.
Isn't Trezor's whole thing being OFFLINE? Like, there are no Trezor wallet apps, since its entire premise is keeping your currency safe in their offline wallet.
An online wallet should have been a red flag. An online wallet made by some random person should have been a red flag. The user should have immediately reported something with so many red flags, not trust it unconditionally.
An online wallet should have been a red flag. An online wallet made by some random person should have been a red flag. The user should have immediately reported something with so many red flags, not trust it unconditionally.
I wish everyone who participates in any sort of crypto or blockchain a very lose all of your money.
No, this is an example of why idiots shouldn't have access to large amounts of money.
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How the heck one hands of $600K of their assets with virtually no due diligence is amazing.
There are a lot of scammy apps that get through app review. Far more than should. Either they need to hire more/better app reviewers or they need to take more time to better vet the apps.
If this guy had half a brain he would have went to the Trevor site and verified they had an iOS app instead of just downloading something with the name. I trust Apple but I’m going to verify when 600k is involved
Even today as you start to type Trez into the App Store search it starts to show auto complete for Trezor and "Trezor wallet". I think this is a big part of the problem. I think people assume their search is going to show legitimate apps in auto complete. It isn't crazy to think someone would just pick the top thing after using autocomplete and installing it. Then, boom surprise it is a fake app.
Not much to learn here, all you need is some functioning app to get trough approval and a flip-switch on a server to expose you scam app. Any 12y old with a bit of passion for programming can do this...
1) Person didn’t fundamentally understand the purpose of a Trezor if he entered his seed into his phone
2) Banks use far more electricity for security than Bitcoin uses for security (total hashrate).
2) Banks use far more electricity for security than Bitcoin uses for security (total hashrate).
Well, regardless of the fake app, he can always flag an unauthorized transaction to his bank or credit card account or claim insurance, oh wait, he can do none of these things because it is cool to save wealth in unregulated commodities.
Yeppppp. HahahGood thing it wasn't real money!
Apple will never be able to certify 100% of the apps are safe. Google won't be able to do it either. It's a cat and mouse game, as is privacy and security. But Apple can quickly yank out of the store chameleon apps.
I'm kind of conflicted. On one hand, this is 100% Apple's fault that the app was even available. On the other, he chose to enter really sensitive information that gave them access... I don't think Apple should be responsible for refunding him.
I do think Apple should do a better job securing the app store. For example, taking a page from social media and marking sensitive apps like financial or government as "verified" and reviewing them each update would have prevented this.
I do think Apple should do a better job securing the app store. For example, taking a page from social media and marking sensitive apps like financial or government as "verified" and reviewing them each update would have prevented this.
Unless one of the other stores is highly curated and doesn’t have this problem. The App Store has this problem because they let so many junk apps in.
HOW DARE YOU!!!!!!!! He downloaded it wrong and used it wrong. Just like people held the iPhone 4 wrong and how others plugged monitors to the MBP 16" wrong. If Steve was alive, he'd tell the user to go f*ck himself.
dude are you in a retirement home reading newspapers? Bitcoin is at $59,000
Seems like Apple owes this man $600,000 to me. They have given us a false sense of security when it comes to the safety of apps on their store. It's one of the reasons so many of us are willing to accept the walled garden approach and the higher prices that Apples 30% revenue cut often results in.
So if they don't back their customers like this man who lost big because they didn't do their job properly then they should open the platform to competing stores and sideloading. That's my opinion anyway.
So if they don't back their customers like this man who lost big because they didn't do their job properly then they should open the platform to competing stores and sideloading. That's my opinion anyway.