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U.S. musician loses 5.9 bitcoin after entering recovery phrase into fake Ledger Live app

Garrett Dutton, a U.S. musician known as G. Love, said he lost 5.9 bitcoin worth $420,000 after installing a malicious app impersonating Ledger Live that he downloaded from Apple’s App Store. He said he entered his wallet recovery seed phrase and his holdings were taken. ZachXBT said the bitcoin moved through nine transactions to a KuCoin-related deposit address. The FBI said U.S. crypto losses exceeded $11 billion in 2025.