What to know:

A fake Ledger Live app led to at least $9.5 million in losses across 50+ victims on Bitcoin, Ethereum, Solana, Tron and XRP between April 7–13.

Stolen funds were traced to KuCoin deposit addresses and linked to a centralized laundering service known as AudiA6.

Victims say they unknowingly entered recovery phrases into the malicious app, giving attackers full access to their wallets.

A fake version of Ledger Live distributed via Apple's App Store has been linked to at least $9.5 million in crypto theft, with victims now coming forward describing devastating losses, including entire retirement funds wiped out "in an instant."

One victim, posting on X under the handle @glove, said he lost 5.9 BTC – his entire savings accumulated over a decade – after downloading what he believed was the official Ledger app while setting up a new computer.