A wallet holder described in a post on X as a crypto scammer lost over 60 BTC, worth $4.8 million, after a Ledger hardware wallet was compromised. The loss was not a one-off. It sits inside a much larger supply-chain attack on Ledger devices sold through CryptoBilis, a Southeast Asian reseller. That attack reportedly drained hundreds of wallets in one coordinated burst. How the attack worked Ledger confirmed it found an unauthorized hardware implant inside at least one affected device. The implant captured the 24-word seed phrase users wrote down during setup. It then sent those phrases out over cellular networks. A seed phrase is the master key to a wallet. Whoever holds it can rebuild the wallet anywhere and move every coin inside. Unusual activity surfaced around October 9, 2026. The drains happened fast that day, hitting multiple wallets within a matter of seconds, according to Ledger’s description of the strike. The numbers keep moving Early loss estimates ranged from $72 million to $86 million. Those figures were later revised upward to between $93 million and $102 million across roughly 300-plus wallets. Analysts tracking the collector addresses saw inflows in Bitcoin, Ether...
Ledger supply-chain attack drains over 60 BTC from wallet tied to alleged crypto scammer
3 weeks ago
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