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Home/Markets & Investing/RIPPLE XRP SEC · SEC ESG ENFORCEMENT

Apple App Store Ledger clone drains $9.5 million in crypto

RN

Remy North

Ripple XRP SEC · Apr 14, 2026

Apple App Store Ledger clone drains $9.5 million in crypto

Source: DojiDoji Data Terminal

More than 50 victims lost at least $9.5 million in cryptocurrency between April 7 and April 13 after downloading a malicious Ledger Live clone from the Apple App Store. Three of the largest losses included $3.23 million in USDT on April 9, $2.08 million in USDC on April 11, and $1.95 million in BTC, ETH, and stETH on April 8. One victim lost 5.92 BTC, describing the loss as his entire retirement fund.

Related Brief1d ago
cryptocurrency

XRP Whale Transfer to Coinbase Signals Potential Sell-Off

A major holder of XRP may be preparing to sell $119 million in tokens. The movement of 89,828,700 XRP to a Coinbase-linked address suggests a potential sell-off or position rebalancing. This occurs because assets moved to a centralized exchange are more liquid and readily tradable than those held in personal wallets. The transfer began from wallet address rMWqYat3nJXSLoyqB5tUsfYp6KLgoMHXTN and passed through an intermediate wallet, rwnYLUsoBQX3ECa1A5bSKLdbPoHKLnqf63J, before reaching the final Coinbase-associated address, rRmgo6NW1W7GHjC5qEpcpQnq8NE74ZS1P. The movement of 89,828,700 XRP worth $119 million to Coinbase may signal that a major holder is preparing to sell.

Users entered recovery phrases into the fake app, giving attackers full access to their wallets. The app was distributed via Apple's official marketplace and was later removed by the company.

Related Brief7h ago
venture capital

Kraken’s $13.3 Billion Valuation Reveals a 33% Markdown in Exchange Pricing

Kraken is now valued at $13.3 billion, a 33% markdown from the $20 billion valuation the exchange commanded during its November 2024 funding round. This figure was established by Deutsche Börse Group's $200 million investment in Payward Inc., Kraken's parent company. The transaction, which is expected to close in the second quarter of 2026 subject to regulatory approval, gives the Frankfurt-based stock exchange operator a 1.5% fully diluted ownership stake via a secondary market transaction. The investment cements a commercial partnership first announced in December 2025 to build a hybrid market infrastructure for traditional and tokenized assets. Kraken had originally planned a public listing for 2026, but the company has suspended those plans indefinitely, citing unfavorable market conditions.

Stolen funds were routed through more than 150 KuCoin deposit addresses and linked to the centralized laundering service AudiA6.

Related Brief16h ago
cybersecurity

Kraken Insider Extortion Attempt Targets 0.02% of Client Base

Two thousand Kraken clients face the risk of their private data being leaked on social media. The breach occurred during two incidents between February 2025 and early this year. Support team members recorded videos of internal systems containing client data and demanded a ransom from the exchange. Kraken revoked the actors' system access and refused to pay the ransom. The insiders subsequently threatened to release the videos on social media. Kraken is working with law enforcement to support efforts to stop insider recruitment in the cryptocurrency, gaming, and telecommunications industries.

Ripple XRP SECSEC ESG enforcementSEC retail investor rulecrypto exchange hackcrypto IRS rulingcrypto money laundering enforcementpayment for order flow SECSEC crypto enforcementinsider trading SEC chargeSEC enforcement action

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