Miley Cyrus Photo

Miley on the Cover of Life and Style Magazine

Miley Cyrus is on the cover of the latest issue of Life & Style Magazine.

Hitting the stage for the Aug. 3 taping of Teen Choice 2008, hostess Miley Cyrus sported a sparkly jumpsuit and a huge smile. "Welcome to the hottest party of the year," she told the crowd. "With the hottest stars — not to mention the host." But just the day before, the world had gotten a much hotter — and more disturbing — peek at Miley, when yet another series of scandalous photos of the 15-year-old star was leaked on the Internet.

Posing seductively, Miley wears a bikini in one shot and little more than underwear in the others. Not including the controversial photos taken for the June issue of Vanity Fair, which feature a topless Miley posing in a sheet, the latest scandal marks the fourth time in six months that racy photos of the teen sensation have surfaced.

"The pictures of me on the Internet were silly, inappropriate shots," Miley said back in April, when a set that showed her showering in a white T-shirt popped up online. "I never intended for any of this to happen, and I am truly sorry."

But there’s no question that the photos — in addition to Miley’s other recent scandals, including reported feuds with fellow teen star Selena Gomez and singer Katy Perry — pose a troubling question: Just who is the real Miley Cyrus? Is she the sweet, seemingly innocent star of the Hannah Montana franchise (in which she plays, coincidentally enough, a girl with two separate personas), or is she yet another Hollywood wild child in the making?

For more on Miley’s secret, scandalous life, pick up the latest issue of Life & Style, on newsstands now!