ZachXBT: A counterfeit Ledger Live application led to the theft of over $9.5 million in assets, involving more than 50 victims

According to on-chain analyst ZachXBT, a counterfeit Ledger Live application was launched on the Apple App Store, resulting in over 50 users' assets being stolen, with total losses amounting to approximately $9.5 million, involving various assets such as Bitcoin, EVM chain assets, TRON, Solana, and XRP.

The stolen funds were subsequently transferred through more than 150 KuCoin deposit addresses and laundered using a centralized mixing service called AudiA6. Data shows that the largest single loss reached $3.23 million. The application has recently been removed by Apple.