First reported July 28, 2026 by Cointelegraph · covered by 3 sources
Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million.
Apple faces a federal lawsuit from three users who allege a fake Sparrow Wallet app drained $1.835 million in Bitcoin during 2025.
The original Sparrow Wallet developer said his attempt to inform Apple about the fake version was futile.