Post
Topic
Board Beginners & Help
Re: BTC Investor Losses 7,4 BTC with Fake Sparrow Wallet Mobile App
by
EarnOnVictor
on 10/08/2025, 13:27:25 UTC
He calls himself Bitcoin Jimmy on X. This Jimmy believed he was downloading a genuine version of a Sparrow Wallet app for his iPhone from the App Store. In reality, it was fake software designed to steal crypto after you import your seed. Sadly, Jimmy fell victim to one of the oldest social engineering schemes in cryptocurrency. Somehow, Apple allowed this fake app on its platform, and Jimmy trusted it without verifying its existence on Sparrow Wallet's official website.
This story touched me and got me thinking if there is a safe place anywhere anymore.

To be honest, the guy is no novice. If he wasn't wrong about the name itself, he must have trusted the iPhone's App Store to a high level, which made him download it without extra caution. This is a betrayal of trust by iPhone. This guy should head to court, after all, people had headed to court with lesser redress.

Again, this opens another view. Why would iPhone allow a fraudulent app on its App Store? With the latest scamming schemes, no app should be allowed without the highest level of knowing the creator, and even with regular backchecking and strict regulation.