Analyst: Ledger users lose over $86 million in suspected wallet drain
- —Hundreds of Ledger wallets drained across Ethereum, TRON and Bitcoin
- —Total losses exceed $86 million
- —Three BTC addresses received over 211 BTC on October 8–9
- —Cause of the breach is unknown; Ledger has not responded
Why it matters: A mass compromise affecting users of the leading hardware wallet maker would undermine confidence in self-custody.
Source: PANews