Garrett Dutton – American singer/songwriter also known by his stage name G. Love – said he lost 5.9 BTC (approximately $420,000) after entering a Seed Phrase into a malicious application that mimicked the official Ledger app.
In a post on X, Dutton said the incident had “blown away” his retirement fund. He recounted that he had just bought a new computer, accidentally downloaded a fake app from the App Store, and then entered a Seed Phrase into it. “In the blink of an eye, all BTC was gone,” Dutton – the leader of G. Love & Special Sauce – Chia , adding that his other crypto holdings were unaffected.
on-chain investigator ZachXBT said the attacker laundered the stolen bitcoin by transferring it through Kucoin deposit addresses, Chia it into nine transactions.
Scams targeting Ledger hardware wallet users have been around for a long time, using various tactics such as phishing emails, and in some cases, fraudsters even sent letters requesting customers to provide Seed Phrase.
Ledger has also warned that even "legitimate" app stores can have fake apps designed solely to steal crypto, and recommends that users only download wallet apps from Ledger's official website.
Crypto-related fraud is on the rise. According to the FBI's Internet Crimes Report, losses in 2025 reached a record high of $11.36 billion. The IC3 complaint center received 181,565 crypto-related complaints last year, a 21% increase from 2024, with an Medium reported loss of $62,604. A total of 18,589 victims reported losing over $100,000 in crypto-related scams.
The article "Fake Ledger App on App Store Scam a US Musician Out of 5.9 BTC" first appeared on CoinMoi .
