DefiLlama founder says Apple took months to remove fake app

DefiLlama delayed the public launch of its mobile application while trying to remove applications impersonating the DeFi analytics platform from Apple’s App Store, pseudonymous founder 0xngmi said on Aug. 15. Summary DefiLlama delayed its mobile launch until fake App Store listings were removed, founder 0xngmi said. Apple removed one impersonating app within days after DefiLlama demonstrated it could drain cryptocurrency funds. DefiLlama’s official iPhone app is now live, with Apple listing DEFILLAMA LIMITED as its provider. Apple’s guidelines prohibit app impersonation and unauthorized use of another developer’s brand or product name. Fake crypto apps have repeatedly reached Apple’s store, including recent Ledger and Sparrow wallet cases. The team eventually demonstrated that one fake application could drain a funded crypto wallet before Apple removed it, according to his post. 0xngmi said DefiLlama had reported the application for months over trademark and impersonation concerns without securing its removal. The team then funded a small test wallet, downloaded the application and watched the funds disappear. “App was taken down in days after that,” he wrote. The amount drained fr...