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Ledger-Related Wallet Draining Incident Nears $90M in Losses

Ledger-Related Wallet Draining Incident Nears $90M in Losses

Photo: Coincu

A wallet-draining incident described as Ledger-related is estimated to have caused nearly $90 million in losses, according to the supplied public-search record, placing a hardware-wallet-linked security event at the center of renewed custody and attribution questions. The headline-level evidence confirms only two points: assets were reportedly drained from wallets, and the incident was characterized as Ledger-related; the linked search record does not establish whether Ledger hardware, Ledger software, a connected application, or user-level compromise was the root cause according to the available result set. For related coverage, see Bitfinex: Long-Term Bitcoin Holders Barely Sold During Drop to $87K .

Source: Coincu

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