Apple pulls fake Ledger app and Freecash in rough day for App Store review

In a statement to 9to5Mac, Apple said it has zero tolerance for fraudulent or malicious apps, pointing to its App Review Guidelines, which prohibit apps that try to scam users, include hidden or undocumented features, or rely on bait-and-switch tactics. The company confirmed that, in addition to removing the Ledger Live app from the App Store, the developer account associated with it was terminated.

In the case of the Ledger Live app it has been reported by Coindesk that over $9.5 million has been stolen from dozens of people.

The Mac App Store has never reached the popularity of the iOS App Store. Primarily because another method of getting your software exists and for the most part people are happy with it. The promise remains the same though, software downloaded from the App Store is vetted and goes through Apple’s approval process. Therefore you can expect it to be a safer option. In this case it certainly wasn’t and people have lost a lot of money.