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Ledger Wallet User Loses $2.5M to Phishing Hack ๐ ๐งโ๐ป A Ledger Nano S user has reported losing 10 BTC (worth around $1M) and $1.5M in NFTs due to a phishing attack that occurred back in February 2022. The user unknowingly signed a malicious transaction nearly three years ago, which granted hackers access to their wallet. The attackers remained dormant for years before draining the funds recently. ๐ณ ๐ต๏ธโโ๏ธ Experts suggest that the user's recovery phrase might have been compromised, giving the hacker access to multiple chains, including Bitcoin. Ledger clarified that the issue wasnโt with the hardware itself but was caused by phishing and user error. ๐คท ๐ This case serves as a critical reminder to always double-check transactions, regularly review token approvals, and protect recovery phrases. While hardware wallets enhance security, understanding and cautious interaction with them are equally essential. ๐ค
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โReminder: Staking rewards for staked โค๏ธ WCT on the network will begin accruing soon. Don't forget to check your eligibility and claim your tokens by Jan 03, 2025 โด ๐ https://airdrop.walletconnect.network ๐ค Pre-market Price: 0.80$ ๐ #WCT #walletconnect
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