The Ledger Hack That Stole $102 Million From 324 Wallets

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A hardware wallet with a spy chip inside, bought from an authorized reseller.⁣

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“There's this extra chip in here. We need to figure out what this chip does.”⁣

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Turns out it was secretly watching your 24 words appear on screen, then transmitting them to attackers over an electronic SIM.⁣

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The software never got touched. The device did.⁣

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“As of that Ledger October 13 update, hundreds of reported exploited devices... an estimated $102,000,000 stolen from 324 wallets.”⁣

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324 wallets. Not victims. Victims could be in the hundreds. 🎬⁣

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#Ledger #Crypto #Bitcoin #CryptoSecurity #Web3 #CryptoNews #HardwareWallet #Hack #Bankless #Crypto

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