Security· ★★★· bearish·

Monahan: New Ledger Loss Reports Stem From Panic Scams, Not Tampered Devices

  • —Monahan: new loss reports are not Ledger drains but panic-driven scams
  • —Routes include bad Google ads, fake apps, phishing sites, emails and calls
  • —Ledger: all confirmed implant losses trace to CryptoBilis devices
  • —Bitquery counts $102 million taken from 324 wallets
Why it matters: The Ledger supply-chain incident is spawning a wave of copycat scams, raising total losses and pushing holders to verify where and how they buy and set up wallets.
Source: Unchained