Kaspersky has warned iPhone users about a wave of fake apps on the App Store aimed at stealing crypto, after discovering 26 apps impersonating popular wallets.
The company explained that these apps mimic well-known wallets like MetaMask, Trust Wallet, and Coinbase in both name and design, with the intent to dupe users.
But as soon as you open them, they redirect the victim to fake phishing pages asking to download another app, which is actually a malicious version capable of stealing crypto.
This campaign, active since late 2025, employs advanced tactics, including disguising apps behind simple functions like games or calculators to appear legitimate, then exploiting Apple's tools for distributing apps outside the store to convince users to install a developer file, allowing malware to be installed unnoticed.
Once the fake app is installed, it simulates original wallets and targets both hot and cold wallets, aiming to access private keys and drain funds.
Kaspersky confirmed that these attacks are not limited to a specific area, although they are more prevalent in certain markets, warning that any user could be at risk if they are not vigilant against these tactics.
These warnings come alongside the revelation of another scam involving fake Ledger devices designed to steal wallet data, reflecting a noticeable increase in attacks targeting crypto users.
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