American musician Garrett Dutton, known by his stage name G. Love, lost 5.9 BTC▼$64,050.00 worth approximately $420,000.
He had accumulated these Bitcoins (BTC) over about 10 years as his retirement nest egg.
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According to Dutton, he installed an app masquerading as the official Ledger Live from the Apple App Store onto a new MacBook. He then entered his seed phrase into it. All funds were instantly withdrawn.
On-chain analyst ZachXBT reported that the stolen bitcoins were sent to KuCoin deposit addresses across nine transactions.
Musician’s Reaction and Warning
“I had a really tough day. All my BTC disappeared in an instant,” Dutton wrote to his 67,500 followers on X.
He admitted his own mistake but emphasized the importance of caution.
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“I’ve been in the crypto circus since 2017, but today I was caught off guard. Let this be a warning. There are so many scammers.”
Dutton clarified that his other crypto assets remained untouched.
The Fake App Problem
The G. Love case is another example of fake Ledger app scams. Similar attacks were recorded as early as 2023, when nearly $600,000 in bitcoin was stolen through a fake app on the Microsoft Store.
Ledger has repeatedly warned users that official app stores may contain malicious copies. The company recommends downloading the app only from its official website.
According to FBI data, Americans lost a record $11.36 billion to crypto fraud in 2025 — up 21% from the previous year. The average loss per complaint was approximately $62,600.
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