Fake 'MyEtherWallet' App Rises to #3 Spot on the iOS App Store's Finance Charts [Updated]

An unofficial iOS app for MyEtherWallet.com rose to the top of the App Store over the weekend, nabbing the third spot in the Finance category after being on the storefront for a little over a week (via TechCrunch). MyEtherWallet.com is a popular service made for storing cryptocurrencies but it doesn't have an official iOS app, so the company tweeted out a warning for users to not be fooled by the "MyEtherWallet" iOS app, as well as asking for Apple to remove it from the App Store.

fake app myetherwallet
At the time of writing, MyEtherWallet still remains at #3 on the App Store's Finance chart. The app lists its developer as Nam Le, who has two other iOS apps -- "Panda Warrior: Kung Fu Awesomeness" and "Mr. Beard: Icehole Fishermans" -- and one Apple Watch app called "Wrist Count." MyEtherWallet costs $4.99 and its App Store page says that it allows users to anonymously manage their ethereum wallets, create wallets offline, and store wallet keys securely inside their iPhone.

As the company's mission statement explains, MyEtherWallet.com is a "free, open-source, client-side interface for generating Ethereum wallets & more," so the fake app's $4.99 price tag raises legal questions in addition to the questions of how it got past Apple's app review process in the first place. Tracking service Apptopia told TechCrunch that the app's week-long existence on the App Store has seen around 3,000 downloads so far. Apple has yet to comment on the unofficial app's existence and if it will be allowed to remain on the App Store.

Apps for buying and selling cryptocurrency have become popular recently, with one called "Coinbase" -- this one official -- rising to become the #1 most downloaded free app in the United States iOS App Store last week. This happened after the price of bitcoin rose past $17,000 and saw a price jump of over 20 percent in one day. As the app climbed the App Store charts amid the bitcoin frenzy, Coinbase servers crashed for much of last Thursday, affecting both its website and the iOS app's performance.

Update: Apple appears to have pulled the app from the App Store.

Popular Stories

iPhone 17 Pro in Hand Feature Lowgo

iPhone 17 Pro to Reverse iPhone X Design Decision

Monday July 7, 2025 9:46 am PDT by
Since the iPhone X in 2017, all of Apple's highest-end iPhone models have featured either stainless steel or titanium frames, but it has now been rumored that this design decision will be coming to an end with the iPhone 17 Pro models later this year. In a post on Chinese social media platform Weibo today, the account Instant Digital said that the iPhone 17 Pro models will have an aluminum...
iOS 26 Feature

Everything New in iOS 26 Beta 3

Monday July 7, 2025 1:20 pm PDT by
Apple is continuing to refine and update iOS 26, and beta three features smaller changes than we saw in beta 2, plus further tweaks to the Liquid Glass design. Apple is gearing up for the next phase of beta testing, and the company has promised that a public beta is set to come out in July. Transparency In some apps like Apple Music, Podcasts, and the App Store, Apple has toned down the...
apple wallet drivers license feature iPhone 15 pro

Apple Says iPhone Driver's Licenses Will Expand to These 8 U.S. States

Tuesday July 8, 2025 11:26 am PDT by
In select U.S. states, residents can add their driver's license or state ID to the Wallet app on the iPhone and Apple Watch, providing a convenient and contactless way to display proof of identity or age at select airports and businesses, and in select apps. Unfortunately, this feature continues to roll out very slowly since it was announced in 2021, with only nine U.S. states, Puerto Rico,...
iphone 16 pro ghost hand

5 Reasons to Skip This Year's iPhone 17 Pro

Thursday July 10, 2025 4:54 am PDT by
Apple will launch its new iPhone 17 series in two months, and the iPhone 17 Pro models are expected to get a new design for the rear casing and the camera area. But more significant changes to the lineup are not expected until next year, when the iPhone 18 models arrive. If you're thinking of trading in your iPhone for this year's latest, consider the following features rumored to be coming...
apple account card feature

Apple Account Card Expanding to More Countries

Tuesday July 8, 2025 7:34 pm PDT by
Apple is expanding the ability to add an Apple Account Card to the Wallet app to more countries, according to backend Apple Pay changes. With iOS 15.5, Apple updated the Wallet app to allow users to add an Apple Account Card, which displays the Apple credit balance associated with an Apple ID. If you receive an Apple gift card, for example, it is added to an Apple Account that is also...
iPhone 17 Pro in Hand Feature Lowgo

Leaker Reveals Amount of RAM in iPhone 17 Through iPhone 17 Pro Max

Wednesday July 9, 2025 8:08 am PDT by
Three out of four iPhone 17 models will feature more RAM than the equivalent iPhone 16 models, according to a new leak that aligns with previous rumors. The all-new iPhone 17 Air, the iPhone 17 Pro, and the iPhone 17 Pro Max will each be equipped with 12GB of RAM, according to Fixed Focus Digital, an account with more than two million followers on Chinese social media platform Weibo. The...
iphone 16 pro models 1

Here's How the iPhone 17 Pro Max Will Compare to the iPhone 17 Pro

Saturday July 5, 2025 1:00 pm PDT by
Apple should unveil the iPhone 17 series in September, and there might be one bigger difference between the Pro and Pro Max models this year. As always, the Pro Max model will be larger than the Pro model:iPhone 17 Pro: 6.3-inch display iPhone 17 Pro Max: 6.9-inch displayGiven the Pro Max is physically larger than the Pro, it has more internal space, allowing for a larger battery and...
imac video apple feature

Apple Launching These 15+ Products Later This Year

Sunday July 6, 2025 8:05 am PDT by
The calendar has turned to July, meaning that 2025 is now more than half over. And while the summer months are often quiet for Apple, the company still has more than a dozen products coming later this year, according to rumors. Below, we have outlined at least 15 new Apple products that are expected to launch later this year, along with key rumored features for each. iPhone 17 Series iPho...

Top Rated Comments

Baymowe335 Avatar
99 months ago
People are going to be very disappointed when the music stops and they are holding the bag.
Score: 12 Votes (Like | Disagree)
scuac Avatar
99 months ago
You'd think that people who have enough knowledge to own crypto-currencies would have enough awareness of these types of scams...
People who really understand crypto-currencies know to stay the hell away from all of it to begin with.
Score: 11 Votes (Like | Disagree)
japanime Avatar
99 months ago
Apparently there are snakes inside Apple's walled garden. :eek:
Score: 9 Votes (Like | Disagree)
ersan191 Avatar
99 months ago
What an incredibly unprofessional response from MyEtherWallet... "Would appreciate the assistance in getting these scamtards out of our lives..."

You're facilitating the use of hundreds of millions of dollars in crypto, at least make an effort not to use the word "scamtard".
Score: 9 Votes (Like | Disagree)
Jefe's MacAir Avatar
99 months ago
I just want to know how this got past Apple.
Score: 7 Votes (Like | Disagree)
Mackneezie Avatar
99 months ago
Learned a new word today... scamtard o_O
Score: 7 Votes (Like | Disagree)