A lawsuit filed July 28, 2026, accuses Apple of negligence after the company allegedly kept a fake bitcoin wallet app on its App Store despite being warned about it. The first victim lost $875,000 through the app. A second user then lost roughly $840,000 using the same app, the complaint says.
The allegations
The complaint says Apple was told about the fraudulent app after the first theft. Instead of pulling it, the company let it stay. That decision, the plaintiffs argue, directly led to the second loss. The app posed as a legitimate bitcoin wallet but was designed to steal funds.
Two victims, one app
According to the lawsuit, the first user reported the $875,000 theft to Apple. The company had the information and the ability to remove the app. It didn't. A second user then downloaded the same app and lost roughly $840,000. The plaintiffs say Apple's inaction amounts to negligence.
What the lawsuit seeks
The plaintiffs are asking for damages covering both losses, plus legal costs. They also want the court to order Apple to tighten its app review process. The case could set a precedent for how much responsibility app stores bear for fraudulent software.
Apple's app review under scrutiny
The lawsuit puts Apple's app review process in the spotlight. Apple has long marketed the App Store as a safe, curated marketplace. If the allegations hold, that reputation takes a hit. The plaintiffs argue that Apple's review failed to catch the fake wallet, and that the company's response after the first theft was too slow.
To win, the plaintiffs must show Apple had a duty to act, that it breached that duty, and that the breach caused the second loss. The lawsuit argues that Apple's knowledge of the first theft created a duty to remove the app. The case is likely to draw attention from regulators and consumer advocates.
Apple hasn't responded publicly to the lawsuit yet. The company typically doesn't comment on pending litigation. The court will set a schedule for the case in the coming weeks.
