Apple accused of letting fake crypto app steal $1.8 million

Apple faces a lawsuit alleging it allowed a fake Sparrow Wallet cryptocurrency app on the App Store, which stole $1.8 million from victims between May and August 2025. The real Sparrow Wallet developer had warned Apple for over a year that no official iOS version existed, but Apple removed his developer account when he tried to warn users and later allowed additional fake apps to remain.