Ledger cold wallets are leaking
CZ warned that Ledger devices bought by Southeast Asian users from the reseller CryptoBilis had been tampered with—their seed phrases ended up in hackers’ hands before they’d even had a chance to warm up. Hundreds of wallets were drained, with losses exceeding $86 million. Cold wallets turned hot.
The reseller gets to profit twice, while Ledger’s reputation lies in pieces. As always, the retail investors who get cut the moment they unbox their purchase are the ones left footing the bill.
If you bought a Ledger from this seller in the past 90 days, have you changed your seed phrase? Or are you already sitting in the dark, slurping noodles and licking your wounds?
$BTC $ETH
Disclaimer: For entertainment and discussion purposes only. This is not investment advice. DYOR.
CZ warned that Ledger devices bought by Southeast Asian users from the reseller CryptoBilis had been tampered with—their seed phrases ended up in hackers’ hands before they’d even had a chance to warm up. Hundreds of wallets were drained, with losses exceeding $86 million. Cold wallets turned hot.
The reseller gets to profit twice, while Ledger’s reputation lies in pieces. As always, the retail investors who get cut the moment they unbox their purchase are the ones left footing the bill.
If you bought a Ledger from this seller in the past 90 days, have you changed your seed phrase? Or are you already sitting in the dark, slurping noodles and licking your wounds?
$BTC $ETH
Disclaimer: For entertainment and discussion purposes only. This is not investment advice. DYOR.