FakeWallet Apps Impersonated Crypto Wallets to Steal Seed Phrases

· Original article ↗

Summary

Kaspersky identified 26 FakeWallet apps impersonating crypto wallets to steal seed phrases through phishing and trojanized apps sideloaded with iOS provisioning profiles. Apple removed the apps after disclosure.

Key points

  • The apps impersonated wallets including MetaMask, Coinbase, Trust Wallet, OneKey, and Ledger, and were disguised as games or calculators.
  • Kaspersky named the campaign FakeWallet and linked it to the SparkKitty operation.
  • The apps redirected users to phishing pages that delivered trojanized wallets using abused iOS provisioning profiles.
  • The trojanized apps intercepted wallet recovery phrases, encrypted them with RSA and Base64, and sent them to attackers.
  • For cold wallets such as Ledger, phishing prompts asked users to enter seed phrases manually.
  • Kaspersky said the campaign primarily targeted users in China; Apple removed all 26 apps after disclosure.

Article Details

Event Type
Malicious crypto-wallet app campaign involving impersonation and seed-phrase theft
Impact
Kaspersky reported that 26 malicious apps on the Apple App Store impersonated cryptocurrency wallets and targeted users primarily in China. The apps redirected users to phishing pages and trojanized wallet apps that captured or solicited recovery phrases, which attackers could use to restore victims’ wallets and steal funds. Kaspersky said the malware could affect users globally if the operators expanded their targeting. Apple removed the 26 apps after Kaspersky’s disclosure.

Vendors

Products

Countries

Industries

Related Articles