Philadelphia musician Garrett Dutton, known professionally as G. Love, has reportedly lost nearly 6 Bitcoin (BTC) after downloading a counterfeit Ledger Wallet application from Apple's Mac App Store. The incident, which occurred around April 11-12, 2026, highlights persistent security risks from wallet impersonation scams on major, curated app platforms.
According to on-chain investigator ZachXBT, 5.92 BTC was stolen from the victim, with the funds being laundered through deposit addresses on the KuCoin exchange. One confirmed transaction hash (6f5c8eb6…59bcf1f) from the Bitcoin mainnet on April 11, 2026, showed an output of 0.41396662 BTC, indicating the stolen funds were split across multiple laundering paths. At Bitcoin's trading price of $71,165 at the time, the loss was valued at approximately $421,000.
G. Love confirmed the incident in a post on X, stating, "I lost my retirement fund in a hack/Scam when I switched my @Ledger over to my new computer and by accident downloaded a malicious ledger app from the @Apple store. All my BTC gone in an instant." He revealed the stolen Bitcoin represented part of his retirement savings, which he had been holding for nearly a decade.
The attack vector was not a flaw in Bitcoin or genuine Ledger hardware, but rather a counterfeit app that mimicked Ledger's branding. The scam tricked the user into entering his hardware wallet's seed phrase on an internet-connected device, granting attackers full control of the funds. Security researcher Beau reiterated a critical security rule: "You will NEVER need to enter your hardware wallet seedphrase on an internet connected device."
Ledger's own security documentation explicitly warns that official app stores can contain fake and malicious wallet apps designed to steal cryptocurrency. The company advises users to download wallet software exclusively from its official website. The status of the fake app listing and whether Apple has removed it remains unconfirmed.
This incident occurred during a period of heightened market anxiety, with the Crypto Fear and Greed Index at 16 (Extreme Fear) and Bitcoin down roughly 3.2% in the prior 24 hours. The case, involving a recognizable public figure, draws wider attention to a persistent self-custody risk, with similar impersonation tactics recently targeting other crypto executives.