Apple sued over $1.8 mn crypto scam, accused of ignoring fraud warnings
A federal lawsuit filed in California has accused tech giant Apple of failing to protect its users.
The legal case was filed after a fraudulent app slipped through its App Store review process, costing three cryptocurrency investors a combined $1.835 million in stolen Bitcoin.
The complaint, which was lodged in the US District Court for the Northern District of California by plaintiffs James Ramirez, Christopher Ellis, and Jalen Delgado, alleges that Apple’s aggressive marketing of the App Store as a “safe and trusted place” directly lured consumers into a false sense of security with the iOS ecosystem.
