About $90 Million Drained Through Tampered Ledger Wallets
- —Losses from the Ledger wallet compromise are estimated at about $90 million
- —Funds were drained via tampered or counterfeit hardware wallets
- —Users are advised to verify device authenticity and seed phrase safety
Why it matters: The incident undermines confidence in hardware wallets and could push users toward alternative custody solutions.
Source: Google News (crypto query)