Security· ★★★★· bearish·

After Ledger Reseller Hack, Austin Campbell Says Self-Custody Users Should 'Over-Solve for Simplicity'

  • —Bitquery: $102 million drained from 324 wallets across six chains as of Oct. 12
  • —Tether froze $10 million USDT linked to the theft
  • —Ledger confirmed a hardware implant in one device; all cases traced to CryptoBilis
  • —Campbell advises individual holders to favor simple setups over unverifiable devices
Why it matters: The incident pressures trust in hardware wallets and pushes users toward multisig and simpler self-custody setups.
#USDT
Source: Unchained
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