Another class action claims Apple allowed malicious crypto apps in App Store

Apple App Store class action overview:

• Who: Plaintiff Danyell Shin filed a class action lawsuit against Apple Inc.
• Why: Shin claims Apple allowed malicious applications in its App Store that resulted in the theft of personal financial assets.
• Where: The Apple class action lawsuit was filed in California federal court.

A new nationwide Apple App Store class action lawsuit alleges Apple allowed malicious cryptocurrency applications to be downloaded from its App Store that resulted in the theft of consumers’ personal financial assets.

Plaintiff Danyell Shin claims Apple misrepresented to consumers that all of the applications available for download from its App Store had been vetted and reviewed by the company and were safe and secure.

“Plaintiff and Class members relied on Apple’s express representations and ongoing and long-standing campaign of representing that its App Store is ‘a safe and trusted place’ when they downloaded applications purporting to be digital asset trading applications,” the Apple App Store class action states.

Shin wants to represent a nationwide class of consumers who downloaded a malicious cryptocurrency trading app from the Apple App Store and whose funds were stolen by the app developers or agents working on their behalf.

Unvetted App Store app led to $80K in lost funds, class action claims

Shin and other consumers say they downloaded the Swiftcrypt app, which turned out to be a “spoofing” program “created for the sole purpose of stealing fiat and cryptocurrency by obtaining consumers’ account information,” the lawsuit says.

Beginning in September, Shin says she transferred roughly $80,000 into the Swiftcrypt app and by January, Shin’s Swiftcrypt account “appeared to have increased” to $421,000. However, her account was suddenly locked on Jan. 14, and her assets in the account were frozen, the complaint states.

“A few days later, the app became nonfunctional and nonresponsive, after which Shin learned the app was not legitimate, not in compliance with legal requirements,” the class action alleges.

Shin claims Apple is guilty of violating California’s Consumers Legal Remedies Act and Unfair Competition Law. She demands a jury trial and requests declaratory and injunctive relief and an award of compensatory damages for herself and all class members.

This is the second lawsuit within six months against Apple for allowing so-called “pig butchering” crypto app scams, with Digicoins, SolLuna and Forex5 apps also under class action scrutiny. 

Did you download a malicious application from the Apple App Store? Let us know in the comments.

The plaintiff is represented by Timothy G. Blood, Leslie E. Hurst, Thomas J. O’Reardon II and Adam M. Bucci of Blood Hurst & O’Reardon LLP and Ben Barnow and Anthony L. Parkhill of Barnow and Associates P.C.

The Apple App class action lawsuit is Shin v. Apple Inc., Case No. 5:25-cv-05000, in the U.S. District Court for the Northern District of California, San Jose Division.

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