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Bitcoin Wallet Losses Surge to $93.4M

Ledger Wallet Losses Under Investigation Amid Supply Chain Attack Concerns

  • Ledger’s suspected losses may have reached $93.4 million across 471 addresses, as per Yfarmx analysis.
  • Chainalysis is tracking a complex laundering operation linked to nearly $100 million in losses.
  • Bitquery’s investigation reports similar figures, estimating around $92.9 million lost across 311 unique addresses.
  • Seven blockchains, including Bitcoin, Ethereum, and BNB Chain, were reportedly used in the transfers.
  • Former Mt Gox CEO Mark Karpelès highlighted potential hidden surveillance hardware in Ledger devices from third-party vendors.

The ongoing investigation into Ledger wallet losses has revealed significant financial damage and raised concerns about a potential supply chain attack involving compromised hardware wallets sold by third-party vendors like CryptoBillis.

With Ledger yet to confirm the loss totals or theories circulating on social media, the crypto community awaits further updates on this developing situation.(Source)

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