Three iPhone owners sued Apple last week over a fake Sparrow Wallet app they say they downloaded from the App Store. The plaintiffs say using the bogus app led to the theft of their Bitcoin, resulting in losses of roughly $1.8 million.
The lawsuit, Ramirez et al v. Apple, Inc., accuses Cupertino of failing to catch the scam app despite years of marketing the App Store as a safe place to download software.