Security

A crypto wallet maker’s warning about an iMessage bug sounds like a false alarm

Comment

Image Credits: TechCrunch/Bryce Durbin

A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam.

Trust Wallet’s official X (previously Twitter) account wrote that “we have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web. This can infiltrate your iPhone without clicking any link. High-value targets are likely. Each use raises detection risk.”

The wallet maker recommended iPhone users to turn off iMessage completely “until Apple patches this,” even though no evidence shows that “this” exists at all.

The tweet went viral, and has been viewed over 3.6 million times as of our publication. Because of the attention the post received, Trust Wallet, which is owned by crypto exchange Binance, hours later wrote a follow-up post. The wallet maker doubled down on its decision to go public, saying that it “actively communicates any potential threats and risks to the community.”

When reached by email, Trust Wallet’s John Broadley declined to provide TechCrunch with evidence of the company’s claim. Trust Wallet Chief Information Security Officer Eve Lam reiterated the company’s advice to users, also without providing evidence for the claim that there’s an imminent threat.

Apple spokesperson Scott Radcliffe declined to comment when reached Tuesday.

As it turns out, according to Trust Wallet’s CEO Eowyn Chen, the “intel” is an advertisement on a dark web site called CodeBreach Lab, where someone is offering said alleged exploit for $2 million in bitcoin cryptocurrency. The advert titled “iMessage Exploit” claims the vulnerability is a remote code execution (or RCE) exploit that requires no interaction from the target — commonly known as “zero-click” exploit — and works on the latest version of iOS. Some bugs are called zero-days because the vendor has no time, or zero days, to fix the vulnerability. In this case, there is no evidence of an exploit to begin with.

A screenshot of the dark web ad claiming to sell an alleged iMessage exploit. Image Credits: TechCrunch
A screenshot of the dark web ad claiming to sell an alleged iMessage exploit. Image Credits: TechCrunch

RCEs are some of the most powerful exploits because they allow hackers to remotely take control of their target devices over the internet. An exploit like an RCE coupled with a zero-click capability is incredibly valuable because those attacks can be conducted invisibly without the device owner knowing. In fact, a company that acquires and resells zero-days is currently offering between $3 to $5 million for that kind of zero-click zero-day, which is also a sign of how hard it is to find and develop these types of exploits.

Contact Us

Do you have any information about actual zero-days? Or about spyware providers? From a non-work device, you can contact Lorenzo Franceschi-Bicchierai securely on Signal at +1 917 257 1382, or via Telegram, Keybase and Wire @lorenzofb, or email. You also can contact TechCrunch via SecureDrop.

Given the circumstances of how and where this zero-day is being sold, it’s very likely that it is all just a scam, and that Trust Wallet fell for it, spreading what people in the cybersecurity industry would call FUD, or “fear uncertainty and doubt.”

Zero-days do exist, and have been used by government hacking units for years. But in reality, you probably don’t need to turn off iMessage unless you are a high-risk user, such as a journalist or dissident under an oppressive government, for example.

It’s better advice to suggest people turn on Lockdown Mode, a special mode that disables certain Apple device features and functionalities with the goal of reducing the avenues hackers can use to attack iPhones and Macs.

According to Apple, there is no evidence anyone has successfully hacked someone’s Apple device while using Lockdown Mode. Several cybersecurity experts like Runa Sandvik and the researchers who work at Citizen Lab, who have investigated dozens of cases of iPhone hacks, recommend using Lockdown Mode.

For its part, CodeBreach Lab appears to be a new website with no track record. When we checked, a search on Google returned only seven results, one of which is a post on a well-known hacking forum asking if anyone had previously heard of CodeBreach Lab.

On its homepage — with typos — CodeBreach Lab claims to offer several types of exploits other than for iMessage, but provides no further evidence.

The owners describe CodeBreach Lab as “the nexus of cyber disruption.” But it would probably be more fitting to call it the nexus of braggadocio and naivety.

TechCrunch could not reach CodeBreach Lab for comment because there is no way to contact the alleged company. When we attempted to buy the alleged exploit — because why not — the website asked for the buyer’s name, email address, and then to send $2 million in bitcoin to a specific wallet address on the public blockchain. When we checked, nobody has so far.

In other words, if someone wants this alleged zero-day, they have to send $2 million to a wallet that, at this point, there is no way to know who it belongs to, nor — again — any way to contact.

And there is a very good chance that it will remain that way.

UPDATE, Apr. 17, 8:35 a.m. ET: This story was updated with comments from Trust Wallet.

More TechCrunch

Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis…

Zen Educate raises $37M and acquires Aquinas Education as it tries to address the teacher shortage

“When I heard the released demo, I was shocked, angered and in disbelief that Mr. Altman would pursue a voice that sounded so eerily similar to mine.”

Scarlett Johansson says that OpenAI approached her to use her voice

A new self-driving truck — manufactured by Volvo and loaded with autonomous vehicle tech developed by Aurora Innovation — could be on public highways as early as this summer.  The…

Aurora and Volvo unveil self-driving truck designed for a driverless future

The European venture capital firm raised its fourth fund as fund as climate tech “comes of age.”

ETF Partners raises €284M for climate startups that will be effective quickly — not 20 years down the road

Copilot, Microsoft’s brand of generative AI, will soon be far more deeply integrated into the Windows 11 experience.

Microsoft wants to make Windows an AI operating system, launches Copilot+ PCs

Hello and welcome back to TechCrunch Space. For those who haven’t heard, the first crewed launch of Boeing’s Starliner capsule has been pushed back yet again to no earlier than…

TechCrunch Space: Star(side)liner

When I attended Automate in Chicago a few weeks back, multiple people thanked me for TechCrunch’s semi-regular robotics job report. It’s always edifying to get that feedback in person. While…

These 81 robotics companies are hiring

The top vehicle safety regulator in the U.S. has launched a formal probe into an April crash involving the all-electric VinFast VF8 SUV that claimed the lives of a family…

VinFast crash that killed family of four now under federal investigation

When putting a video portal in a public park in the middle of New York City, some inappropriate behavior will likely occur. The Portal, the vision of Lithuanian artist and…

NYC-Dublin real-time video portal reopens with some fixes to prevent inappropriate behavior

Longtime New York-based seed investor, Contour Venture Partners, is making progress on its latest flagship fund after lowering its target. The firm closed on $42 million, raised from 64 backers,…

Contour Venture Partners, an early investor in Datadog and Movable Ink, lowers the target for its fifth fund

Meta’s Oversight Board has now extended its scope to include the company’s newest platform, Instagram Threads, and has begun hearing cases from Threads.

Meta’s Oversight Board takes its first Threads case

The company says it’s refocusing and prioritizing fewer initiatives that will have the biggest impact on customers and add value to the business.

SeekOut, a recruiting startup last valued at $1.2 billion, lays off 30% of its workforce

The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent — the final rubber stamp any legislation must go through…

UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

SoLo Funds CEO Travis Holoway: “Regulators seem driven by press releases when they should be motivated by true consumer protection and empowering equitable solutions.”

Fintech lender SoLo Funds is being sued again by the government over its lending practices

Hard tech startups generate a lot of buzz, but there’s a growing cohort of companies building digital tools squarely focused on making hard tech development faster, more efficient and —…

Rollup wants to be the hardware engineer’s workhorse

TechCrunch Disrupt 2024 is not just about groundbreaking innovations, insightful panels, and visionary speakers — it’s also about listening to YOU, the audience, and what you feel is top of…

Disrupt Audience Choice vote closes Friday

Google says the new SDK would help Google expand on its core mission of connecting the right audience to the right content at the right time.

Google is launching a new Android feature to drive users back into their installed apps

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka…

Jolla debuts privacy-focused AI hardware

The ChatGPT mobile app’s net revenue first jumped 22% on the day of the GPT-4o launch and continued to grow in the following days.

ChatGPT’s mobile app revenue saw its biggest spike yet following GPT-4o launch

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…

Bumble buys community building app Geneva to expand further into friendships

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage…

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco. 

UK opens office in San Francisco to tackle AI risk

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a…

Why companies are turning to internal hackathons

Featured Article

I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture

Women in tech still face a shocking level of mistreatment at work. Melinda French Gates is one of the few working to change that.

2 days ago
I’m rooting for Melinda French Gates to fix tech’s  broken ‘brilliant jerk’ culture

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of…

Blue Origin successfully launches its first crewed mission since 2022

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many…

Hollywood agency CAA aims to help stars manage their own AI likenesses

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In…

Expedia says two execs dismissed after ‘violation of company policy’