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by Thorrez 1470 days ago
Yeah, I think the main differences are:

* Phished Apple Pay transactions can be reversed. Crypto transactions can't be reversed.

* Actors who phish Apple Pay transactions will be banned. Crypto bad actors generally can't be banned.

1 comments

Banned from what?

If somebody sets up a phishing website in the US with intent to steal funds, they are equally as liable whether their target is a crypto wallet or Apple Pay.

Banned from the banking network. You can't receive credit card payments directly.
Has there ever been a prosecution for theft of crypto via phishing/draining?
Plenty of charges have been laid over the years related to crypto phishing and fraud.