Hacking News
Scammer Loses $4.9 Million in Bitcoin through Ledger Hardware Wallet Exploit
A crypto scammer who previously made millions through fake online jobs has become one of the biggest victims of a Ledger hardware wallet exploit. Chainalysis reported that the scammer transferred $4.9 million worth of bitcoin to three Ledger wallet addresses, which were then emptied by attackers. The incident highlights a security flaw in Ledger wallets, as investigators found unauthorized hardware implants capable of transmitting wallet recovery information over a mobile network, allowing attackers to access the bitcoin stored on affected devices.