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Home»Web 3»An important PSA (especially for Trezor users)
Web 3

An important PSA (especially for Trezor users)

2023-06-21No Comments2 Mins Read
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TL;DR

  • There is a malicious app available in the Apple App Store that can be found under the name ‘Trezor Wallet Suite’.

  • The bogus app asks for your seed phrase (the secret phrase that allows you to access the account) and stores it so that the account creator drain your crypto wallet.

  • It is important to be extremely diligent at every step of the process when buying, selling or transferring your digital assets.

Full story

We’re back with another Public service announcement.

There is a malicious app available in the Apple App Store that can be found under the name “Trezor Wallet Suite.”

Trezor – which recently had a huge sales boost thanks to Ledger’s blunder – is a hardware wallet, meaning it’s mostly offline and not connected to the internet.

(Think of a hardware wallet as a password-protected flash drive specifically designed to store digital assets like crypto).

But to put that crypto on the hardware wallet, it must be temporarily connected to some kind of device.

This is where the fake ‘Trezor Wallet Suite’ comes into play.

The real Trezor app, called ‘Trezor Suite Lite’, allows users to connect their Trezor hardware wallet, send and receive crypto, and keep track of their portfolio balance.

The bogus app asks for your seed phrase (the secret phrase that allows you to access the account) and stores it so that the account creator drain your crypto wallet.

We’ve often preached the use of hardware wallets in the past – because they Are the safest way to store your crypto.

See also  FBI Says Scams Targeting Crypto Users to Skyrocket in Severity and Complexity After Losing $5,600,000,000 by 2023

However, as with anything, it’s important to be extremely diligent at every step of the process when buying, selling or transferring your digital assets.

Let’s spread the word to all those Trezor users!



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Important PSA trezor Users
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