The most striking thing about events like FomoPeek isn’t the number “580,000 USDT” itself, but the fact that it once again reminds mobile-wallet users of the boundaries of their trust.

Cointelegraph, citing SlowMist and the OKX security team, says that the malicious iOS version of FomoPeek escapes the sandbox via an iOS kernel vulnerability, potentially allowing it to read the Keychain and files from other apps. The original text notes that the affected versions are 1.1 and 1.2, and that version 1.3 removed the malicious components on September 17.

Figure 1: FomoPeek’s malicious iOS version steals 580,000 USDT · News highlights
Image source: https://cointelegraph.com/news/fomopeek-ios-app-580k-crypto-theft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound