💸 $40M BITCOIN STOLEN IN PHISHING-LEDGER ATTACK

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A hacker has stolen over 521 BTC (~$40 million) from a Ledger hardware wallet, highlighting just how vulnerable even “secure” storage can be when personal data is compromised. Here’s how it happened:

• The attack started with a phishing email claiming the victim was “dead,” prompting him to enter his Google credentials.

• Hacker allegedly used the compromised account to initiate Ledger’s recovery process, armed with personal data.

• Despite the victim never signing up for Ledger Recover, the attacker managed to drain the full BTC balance the next day.

• Stolen funds were split across 197 private wallets and 140 exchanges in 668 transactions.

• Victim has filed a lawsuit and the court has issued a temporary restraining order to freeze the stolen BTC across named exchanges.

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🔒 Zero Trust on Ledger