Ledger Spy-Chip Hack Scams a Crypto Scammer for $5M
A fake-job scammer tracked by Chainalysis became one of the biggest victims of the Ledger spy-chip exploit, losing almost $5 million (USD) in bitcoin.
If a scammer with resources to run fake job schemes could still lose nearly $5 million (USD) to a hardware exploit, how much protection does any offline wallet really offer against a compromised supply chain? The question applies equally to hardware wallets today and to future wearables, including smart glasses, that may one day hold private keys.
https://www.bonuz.xyz/en/blog/ledger-spy-chip-exploit-scammer-loses-5-million
A fake-job scammer tracked by Chainalysis became one of the biggest victims of the Ledger spy-chip exploit, losing almost $5 million (USD) in bitcoin.
If a scammer with resources to run fake job schemes could still lose nearly $5 million (USD) to a hardware exploit, how much protection does any offline wallet really offer against a compromised supply chain? The question applies equally to hardware wallets today and to future wearables, including smart glasses, that may one day hold private keys.
https://www.bonuz.xyz/en/blog/ledger-spy-chip-exploit-scammer-loses-5-million