Nikolas Sargeant
TL;DR
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Garrett Dutton has lost 5.9 BTC, worth roughly $420,000, after entering his seed phrase in an imposter Ledger app.
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Onchain analysis indicates that the attacker laundered the stolen bitcoin through KuCoin.
American Musician Loses 5.9 BTC to a Fake Ledger App
Garrett Dutton, an American singer and musician better known as G. Love, has lost 5.9 BTC, worth roughly $420,000, after entering his seed phrase in a malicious app disguised as the official Ledger app.
While announcing this via X on Saturday, Dutton noted that the scam wiped out his retirement fund. He explained that he had downloaded the imposter app from the App Store onto his new computer and entered his seed phrase.
I had a really tough day today 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.
— G. Love (@glove) April 11, 2026
Dutton added that his other cryptocurrency holdings were not affected. Onchain sleuth ZachXBT said the attacker has laundered the stolen bitcoin through KuCoin deposit addresses across nine transactions.
This isn’t a surprise as scammers have long targeted Ledger hardware wallet users, and have employed various tactics such as phishing emails. In some cases, attackers sent physical letters to Ledger customers requesting their seed phrases.
Meanwhile, Ledger has warned its users that official app stores can host fake and malicious apps "designed purely to steal your crypto," urging them to download its wallet app only from its official website.
This latest development comes as crypto-related fraud has increased in recent years. FBI’s Internet Crime Report revealed that crypto-related fraud saw users lose a record $11.36 billion in 2025.
The Internet Crime Complaint Center received 181,565 crypto-related complaints last year, marking a 21% increase from 2024, with an average reported loss of $62,604, the report said. In total, 18,589 victims reported losing over $100,000 in crypto-related schemes.
