A false Rabby Wallet, reported to be fraudulent to the unaware users of the Apple App Store, reportedly causing disaster.

It has been confirmed that the Rabby Wallet team of DeBank confirmed on 16th February, that any application listed in the current store is fake, and its official app is currently being reviewed.

A FAKE iOS app has resurfaced. Please note that our iOS app is still under review.

Identify the real app by Developer: DeBank (Android) & DeBank Global Pte. Ltd. (iOS).

For secure downloads, ONLY use our official website: https://t.co/FZmFjG2o5X https://t.co/OX9HxHo354

— Rabby Wallet (@Rabby_io) February 16, 2024

The fake app currently appears in the App Store as “Rabby Wallet & Crypto Solution” by a company named “Solution Development” and its version history shows it has been listed in the store for at least four days.

However, despite many users reporting the fake app to Apple, the app still seems to exist.

A man named “u/manolodf”, a concerned user, started a topic on Reddit on 18th February and warned others about the fake wallet app. He also posted the same topic on the Apple discussion board and shared screenshots from users who lost funds due to the malicious app.

“Such nonsense should NEVER occur in the Apple Ecosystem, how can a fake Crypto Wallet steal people’s money by pretending to be real,” he asked.

The fake Rabby Application app in the App Store (Not First Time)

A victim said, “This morning I was defrauded of about $5,000 by this fake app. I filed a support request to Apple because the app had been previously reported several times and I want to see if there’s any refund method”.

Another user complained on X platform, “I lost 10% of my portfolio due to the fake Rabby_io app from the Apple store,”.

A NFT collector “bthemouth”, reported that their wallets were drained after importing the seed phrase of the fake Rabby app. The user shared an address alleged to belong to a suspected hacker; this address contained ETH worth about 14 Ether, close to $40,000 at the time of writing.

So today I was drained by a fake wallet on @Apple appstore. It was a wallet that resembled @Rabby_io and imported my seed in there. after that, the person behind the scam managed to removed most of my assets

So be careful with wallets even on app store (I thought a wallet was a…

— bthemouth (@bthemouth) February 16, 2024

This is not the first time a fake Rabby wallet has entered the App Store. According to the warnings given by the Rabby team, the app also appeared in App Store in October and December 2023.

In a similar case, on February 14th, it was reported that a fake Curve Finance app had been discovered and listed in the Apple App Store.

It was reported that nearly $600,000 was stolen by a fake Ledger Live app that infiltrated Microsoft’s app store in November 2023.

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The post Users Complain as Apple Fails to Remove Fake Rabby Application! appeared first on Coin Engineer.

DeBank’s native token has not been announced yet. However, it is thought that they will have and If it can give tokens as airdrop to the platform’s users. So, doing some tasks is really important to be eligible for a possible airdrop.

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The investors and partners

The project has received a $25 million investment. There are lots of big companies between funders. Some of them are  Sequoia, Circle, Coinbase Ventures, Dragonfly Capital, and Ledger. It also has partnerships with some projects such as 1inch, Aave, ENS, and DeFi Pulse.

How we can get DeBank airdrop? (step by step)

Debank platform is very useful. Users can follow and send messages to each other. Additionally writing posts, reposting, and leaving comments are available on the site. Besides, users can vote for any coins on the platform and they can create their own vote proposal. These all things should be done because any operation is essential to get airdrop.

1. Visit the Debank website and connect your Web3 wallet.
2. Make some swap transactions on the platforms. (These operations can be essential to be eligible for an airdrop)
3. Create a Web3 ID from the account settings on the website. (You need to pay $96 for this task.)

There is also DeBank Reward Activities page on the website. Now, it has no tasks yet. However, you often need to check out because you will get rewards such as cash and DeBank Points by doing tasks. Stay tuned for more new information about this topic.

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