DeFiLlama founder drained his own wallet to get Apple to pull a fake app
Cryptopolitan · Published Aug 15, 2026, 1:35 PM EDT
Article Summary
0xngmi, the pseudonymous founder of DeFi analytics site DeFiLlama, said he downloaded a fake DeFiLlama app from the App Store, funded a small wallet, and let the app steal the money as proof it was a scam. Apple removed the app just days after his download, after ignoring months of trademark and impersonation complaints.
This article appears to be broader market context rather than a single-asset story.
What Happened
0xngmi, the pseudonymous founder of DeFi analytics site DeFiLlama, said he downloaded a fake DeFiLlama app from the App Store, funded a small wallet, and let the app steal the money as proof it was a scam. Apple removed the app just days after his download, after ignoring months of trademark and impersonation complaints.
Why It Matters
It may matter as broader market context rather than a single-asset catalyst. CoqiLabs groups this article under DeFi to help readers understand the related market theme.
Market Context
Published by Cryptopolitan. Category: DeFi. Published Aug 15, 2026, 1:35 PM EDT.
This article appears to be broader market context rather than a single-asset story.
Sentiment Read
Market tone for this article appears negative. This article is shown for market context only and is not financial advice.
Original Publisher
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