diff --git a/nym-wallet/package.json b/nym-wallet/package.json
index 36c3ca5017..f14d6dd227 100644
--- a/nym-wallet/package.json
+++ b/nym-wallet/package.json
@@ -18,8 +18,7 @@
     "lint:fix": "eslint src --fix",
     "prestorybook": "yarn --cwd .. build",
     "storybook": "start-storybook -p 6006",
-    "storybook:build": "build-storybook",
-    "preinstall": "yarn --cwd .. setup:dependencies"
+    "storybook:build": "build-storybook"
   },
   "dependencies": {
     "@emotion/react": "^11.7.0",
diff --git a/package.json b/package.json
index c796364c77..cad6eaf88d 100644
--- a/package.json
+++ b/package.json
@@ -29,7 +29,6 @@
     "types:lint:fix": "lerna run lint:fix --scope @nymproject/types --scope @nymproject/nym-wallet-app",
     "audit:fix": "npm_config_yes=true npx yarn-audit-fix -- --dry-run",
     "preinstall": "yarn install:copy-placeholders",
-    "setup:dependencies": "yarn install:copy-placeholders",
     "install:copy-placeholders": "cp scripts/build/yarn/wasm-placeholder/package.json sdk/typescript/packages/nym-client-wasm"
   },
   "devDependencies": {