Ledger CEO and Former Mt. Gox Boss Clash Over $90M Wallet Scandal

PRICE MOVELedger CEO and Former Mt.Gox Boss Clash Over $90MWallet Scandal23IMPORTANCEACTIVE2NEWS MEDIA2PIECESOct 18, 2026 07:45blockboard.net

Published Updated 1 new report since it was first published

Ledger CEO Pascal Gauthier and former Mt. Gox chief Mark Karpelès publicly disputed Ledger’s handling of wallet security warnings tied to suspected thefts above $90 million. The exchange centered on whether Ledger knew about advanced spy implants in March and what users might have been told at the time. [54176] [54462]

What this rests on

Claim by claim, with its source
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Pascal Gauthier told Mark Karpelès that he is “no white knight” after Karpelès accused Ledger of knowing about advanced spy implants in March.
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Karpelès said clearer warnings at the time could have prevented more than $90 million in user losses.
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Gauthier and Karpelès clashed over wallet security warnings after hidden implants were linked to more than $90 million in suspected thefts.
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The dispute focused on whether Ledger had warning signs before the thefts became public and what users were told about the risk.

What it means

Who it affects, what changes and what is still unconfirmed

Each sentence links inside to the piece that supports it.

Wallet users and Ledger customers are the people most likely to notice this immediately, because the dispute centers on warnings tied to wallet security and suspected thefts above $90 million. Anyone following hardware-wallet safety will see that the argument is now public and includes a specific claim about March warnings.

Market reaction

BT Bitcoin market event: it is read against the reference from 2 h before to 4 h after the line marks the first headline
published
-0.07 % before publication
+0.54 % after
$81,577price at publication
12series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 18 07:39
+7 h 57 m
Oct 18 15:36
crypto.news echo
No new facts: suspected, clashes, thefts

Where this sits in the Bitcoin series

WhenWhat happenedFigure
1.0 years ago BTC a 1.152e+05 $ high today it sits -29.6 % from there
4 months ago BTC a 5.857e+04 $ low today it sits +38.4 % from there

From what we have stored, starting 1.0 years ago.