Tethering App Sneaks into iPhone App Store [VIDEO]

Get it while it's hot , because this sneaky tethering iPhone app is certain to be yanked out of the App Store very, very soon.

Update: And now it's gone from the app store.

A new app, Handy Light [iTunes link], seems harmless enough: it turns your iPhone into a flashlight with 5 different color settings. On the surface, it's just a simple $0.99 app.

Under the hood though, the app is actually a SOCKS Proxy tethering app, capable of turning your iPhone into an Internet tethering device. It takes a few minutes to set up, but after you've followed the instructions in the YouTube video above, you will be tethering like a pro.

Of course, Apple and AT&T might not be too thrilled with you. We're pretty sure that this app is going to be out of the app store momentarily.