Trader Loses $6.6 Million in Bitcoin After Buying New Ledger Wallet
- Published
A Bitcoin holder moved 80 BTC from a new Ledger device on Oct. 9 to an address that had already been flagged as tied to stolen funds. Another account lost 80 BTC after keeping the coins on a newly purchased Ledger hardware wallet for 10 days, and Ledger asked a Southeast Asian reseller to stop sales while it investigated the missing funds.
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What it means
People who used the same kind of hardware wallet or bought from the same reseller would notice that Ledger told a Southeast Asian reseller to halt sales while it looked into the missing funds. That is the immediate change visible to users and customers in the market around this device and reseller.
Before this, the coins had sat on a new Ledger hardware wallet for 10 days, and the later transfer moved them out of that setup. What remains unchanged is that the Bitcoin was still transferred on-chain to an address that had been flagged before as linked to stolen funds.
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