$34 000 USD

FEBRUARY 2021

GLOBAL

GOOGLE PLAY

DESCRIPTION OF EVENTS

"WELCOME TO DAEDALUS WALLET The open source wallet for ada, built to grow with the Cardano blockchain."

 

"Daedalus is a secure wallet for the ada cryptocurrency. Download and install the wallet so you can keep your ada safe."

 

"Daedalus is a full node wallet. This means that unlike light wallets (e.g.Yoroi, Adalite etc.) Daedalus downloads a full copy of the Cardano blockchain and independently validates every transaction in its history. That way you get maximum security and completely trustless operation, without centrally hosted 3rd party servers."

 

"Manage any number of wallets with our hierarchical deterministic (HD) wallet implementation. Have more control over how your funds are organized. Use our powerful back-up and restoration features to recover your funds if necessary."

 

"All major desktop operating systems are supported. Daedalus runs on Windows, macOS, and Linux. Daedalus is built with web technologies on top of Electron, a battle-proven open-source platform for writing cross-platform desktop applications."

 

"Fake reviews are extremely easy to acquire. Don’t ever make decisions based on any reviews unless you can somehow verify it’s real (you have to verify it! Not google not amazon, etc)"

 

"PSA - the r/cardano community has found a scam wallet app on the Google play store.

 

Do not download this app, it is not legitimate and all of the top 5 star reviews are fake.

 

We are trying to have it removed ASAP before anyone gets scammed.

 

The real Daedalus app is a desktop only app available via the Cardano website (cardano DOT org) which points to daedaluswallet DOT io"

 

"daedalus downloads the entire blockchain, it's just not possible for mobile apps now. someone lost 34k ada from the scam app recently, hopefully nobody else"

An application for Daedalus, a popular Cardano blockchain full node wallet, was posted on the Google Play store with thousands of positive reviews. However, if a user downloaded and attempted to use this wallet, their funds would be stolen from them. At least one user fell victim and lost a reported $34,000 USD worth of Cardano. The application was ultimately removed from the store after multiple days, and there is no word on whether any of the affected users were able to recover funds.

Sources And Further Reading

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