The fake app made it to number 3 in the finance category.
When it comes to the vetting of apps, the Apple App Store is famous for its rigorous process. It has maintained its reputation by allowing only authentic apps to be listing. But it seems that Apple has failed this time, and in the very vulnerable financial category. A fake MyEtherWallet app has made it to the App Store, and this weekend Apple ranked it as the third most popular app in its category. This high ranking is a result of the Bitcoin frenzy in the US market.
This is NOT US. We have file reports and emailed and reported. Would appreciate the communities assistance in getting these scamtards out of our lives.
— MyEtherWallet.com (@myetherwallet) December 10, 2017
MyEtherWallet.com is one of the leading cryptocurrency apps in the market today, and any scam related to this app could have huge consequences.
After the issue surfaced, MyEtherWallet.com issued a public statement via its Twitter handle warning people not to use the app. It also assured the public that it had contacted Apple and was investigating how the fake app made it into the App Store.