Man loses BTC worth $1M to fake Trezor app

Phillipe Christodoulou lost 17.1 BTC, worth an estimated $1 million, which he said he bought via a digital currency wallet app called Trezor on the Apple App Store. The iPhone user suffered a loss of nearly $1.01 million as per BTC’s trading price of $59,194.26 at press time. After downloading the app from the Apple App Store, Christodoulou keyed in his seed phrase and then lost all his BTC.