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Fake Phantom wallet promoted in iOS AppStore drains users funds

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A faux Phantom pockets app within the Apple Retailer is reported to empty belongings upon account restoration with a personal key. Phantom Pockets and Solana customers have been alerted to the fraudulent app mimicking the respectable Phantom Pockets.

The faux app, printed by Meta Voxify and with poor 1-star evaluations, seems as an advert and deceptively resembles the genuine utility developed by Phantom Applied sciences.

coinagebuzz can affirm that the app continues to be stay within the UK and might be out there in different territories. When looking for ‘Phantom,’ the faux app seems prominently on the high of the display screen, showing respectable with out deeper inspection. It’s listed within the ‘Schooling’ class versus ‘Utilities’, the place the unique app exists. The faux app has additionally apparently been within the retailer for ’17 years’ and is thus unrealistically older than Solana and even Bitcoin itself.

Swissborg co-founder Alex Fazel warned customers,

“There’s a faux Phantom pockets app within the Apple Retailer that appears actual however will drain all of your belongings as quickly as you employ you get well your account with a personal key.”

Experiences have surfaced about vital monetary losses resulting from this rip-off. Mende Matthias, co-founder of the Dubai Blockchain Heart, reported a theft exceeding $100,000 from his Phantom pockets on June 25, 2025. He talked about that the theft occurred shortly after he acquired presale tokens regardless of having sturdy safety measures in place. Matthias emphasised that he didn’t interact with suspicious hyperlinks, elevating issues about how the safety breach occurred.

Phantom Pockets customers ought to be vigilant and solely obtain apps from verified builders to keep away from such scams. The incident highlights the continued challenges and dangers throughout the crypto area, urging the neighborhood to share data and keep knowledgeable about potential threats.

It additional raises questions on Apple’s AppStore safety and vetting course of, worsening arguments in opposition to permitting the sideloading of apps by third-party shops. As soon as seemingly a pillar of safety, the AppStore permitting the itemizing and advert promotion of a rip-off clone of a monetary app is a severe concern for customers.

The submit Faux Phantom pockets promoted in iOS AppStore drains customers funds appeared first on coinagebuzz.

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