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A user of Ledger hardware wallets reported losing 10 Bitcoin (BTC) and $1.5 million in NFTs due to a phishing attack that occurred in 2022. The breach was traced back to a malicious Ethereum transaction, which drained the wallet years later. Ledger has confirmed that the attack was not a result of any vulnerability in their hardware but was due to the user signing a malicious transaction. This incident underscores the ongoing risks of phishing scams, which can affect multiple assets and remain undetected for extended periods. The user had purchased the device directly from Ledger, and the seed phrase was securely stored, highlighting that even with proper security measures, users can still fall victim to sophisticated phishing attacks.
PHISHING ATTACK TAKES BTC AND NFTs A Ledger user, "Anchor Drops," lost 10 BTC and $1.5M in NFTs due to a phishing hack from 2022; the attack was traced to a malicious Ethereum transaction—which drained the wallet years later. The key lesson: phishing scams can affect multiple… https://t.co/VGoYPy6fMz
PHISHING EXPLOITS STILL A MAJOR RISK A Ledger wallet user reported losing significant assets, including 10 BTC and $1.5M in NFTs, linked to a phishing attack from 2022; Ledger has confirmed the breach was a result of malicious transactions unrelated to their hardware. The… https://t.co/y9KIfpDCzy
Never has FUD of a "hardware wallet hack" been as a result of the the device itself being hacked. It's almost always something that the user did. No hardware wallet can help you if you: - Sign a dodgy approval - Store your seed words insecurely My two sats.
