Scammer Loses $4.8M in Bitcoin to Tampered Ledger Wallets
- A scammer lost over 60 BTC, valued at approximately $4.8 million, due to tampered Ledger wallets.
- The funds were initially moved into three separate Ledger addresses on September 22 and later stolen on October 9.
- All confirmed losses are linked to devices sold by reseller CryptoBilis, according to Ledger’s findings.
- The scam involved fake sales and reviews, leading victims to add their own money after a “negative balance” appeared.
- Ledger has requested resellers in Southeast Asia and Hong Kong suspend device sales amid ongoing investigations.
A major theft from tampered Ledger hardware wallets resulted in the loss of over $4.8 million worth of Bitcoin from a scammer who was involved in fraudulent activities themselves. The incident highlights vulnerabilities associated with hardware wallet resales through unauthorized channels like CryptoBilis, prompting Ledger to take precautionary measures by halting sales in affected regions.
