G. Love says he lost $424,000 after a fake app on Apple’s App Store

Musician G. Love reports losing about 5.9 BTC (roughly $424,000) after downloading a fake Ledger Wallet app from Apple’s App Store, and a blockchain investigator traced the transfers to addresses linked to KuCoin. KuCoin says it has temporarily frozen a suspicious account for seven days while actions remain subject to legal processes.

Musician Garrett “G. Love” Dutton reported that he lost his retirement savings after downloading what he described as a malicious Ledger Wallet app from Apple’s App Store. He posted about the loss on X and said the funds were his Bitcoin savings accumulated over about ten years. A blockchain investigator shared tracing information publicly, and the cryptocurrency exchange KuCoin reported taking temporary restraining measures. Key details: - G. Love reported losing 5.9 BTC, which he said is about $424,000, after downloading a fake Ledger Wallet app from the App Store. - A blockchain investigator traced the transferred funds to several KuCoin-linked addresses, and KuCoin said it temporarily froze a suspicious account for seven days. - KuCoin noted any further action is subject to legal documentation and processes, and the reporting outlet said it reached out to Apple for comment. Summary: The reported loss represents a substantial personal financial impact and prompted public discussion about app-based scams. KuCoin’s temporary freeze is the immediate procedural step reported, and further actions were described as dependent on legal processes.