American musician G.Love lost 5.9 BTC of approximately $420,000 due to a fake Ledger wallet

American musician Garrett Dutton (stage name G.Love) was stolen 5.9BTC after entering mnemonic words after downloading and using an app that pretended to be a Ledger wallet on the AppStore, resulting in a loss of approximately US$420,000.<br /> On-chain analyst ZachXBT found that the attacker had laundered stolen bitcoins through the KuCoin platform. This incident once again exposed the security risks of counterfeit wallet applications, reminding users to be vigilant when downloading and using cryptocurrency-related applications and avoid entering private information through unofficial channels.