MyEtherWallet Clone App Breaches Apple App Store Vetting Process

The excitement surrounding Bitcoin and other cryptocurrencies has driven a huge surge in popular interest in Apps that allow individuals to purchase, or sell, digital currencies. This week, something rare happened as an imposter App reportedly managed to evade Apple’s stringent vetting process to post an App claiming to be something it is allegedly not. Apple has historically set a high approval bar for App developers hoping to sell their software on the most popular App store in the world.

Widely discussed on tech news sites and Apple focused blogs, such as 9to5Mac, MyEtherWallet quickly became a top download in the Finance App vertical. But the real MyEtherWallet was not very pleased. And Apple, for some reason, took its time in yanking down the apparently fake application.

 

The imposter App is apparently the work of developer Nam Le. This individual has some other approved Apps in the Apple store with the most recent offering being Panda Warrior: Kung Fu Awesome. Perhaps a shell game crypto App was a better option to drive revenue at $4.99 per download?



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTDYear priorChange
Filings 134 129 +3.9%
Target raise $3.45B $3.59B -3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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