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FollowingThe founder of DefiLlama claimed to deliberately let a fake app steal the wallet to pressure Apple to remove it.
DefiLlama's anonymous founder 0xngmi said he had deliberately let an app that pretended to be a legal cryptocurrency tool steal funds from his wallet as a means of forcing Apple to remove the fake app from the app store. According to his post on the X platform, the application involved was described as fraudulent or counterfeit products rather than formal services, and the theft of the wallet was the core of the entire incident. This statement stems from the founder's own statement and should be regarded as his personal description of the incident.
What the founder claims happened
The pseudonym founder of DeFi analytics platform DefiLlama claimed that an application posing as a legal cryptocurrency tool stole funds from his wallet. According to its description, the app is a counterfeit or counterfeit product, rather than a formal service, and the theft of wallet funds is the core of the incident. This statement originates from the founder's own statement and should be regarded as his personal description of the incident.
Why did he claim to have his wallet stolen on purpose?
According to the founder's explanation, he allowed the theft to occur to more effectively prompt the app to be removed. The motivation he described shifted the incident from a purely personal loss story to platform responsibility. He used the theft as bargaining chip to force Apple to take action against the fake app list. This claim is the core difference in the incident: the alleged loss was deliberately allowed to occur, linking the theft of the wallet directly to the removal, rather than treating it as accidental theft.
Implications of this incident for the security of app stores and cryptocurrency users
A counterfeit app reaches users through the mainstream market, exposing audit vulnerabilities, and the risks are not theoretical. Apple was charged in July 2026 in a suspected app store cryptocurrency fraud case that allegedly resulted in users losing funds. The founder's speech placed Apple in a platform role that was forced to respond, highlighting how counterfeit apps spread through official distribution channels before they were officially removed. For cryptocurrency users, the risks are specific: Interaction with fraudulent applications can lead to the theft of funds, which is similar to other risks of self-managed wallets, such as cold wallet hacking incidents. The significance of the incident is not limited to a single wallet. It tests the speed at which market platforms respond to counterfeit apps.
