Crypto Scammer Loses 60 BTC Worth $4.8M to Another Group of Thieves in October

According to analysis reported in October, a cryptocurrency scammer lost approximately 60 BTC, worth $4.8 million, after depositing proceeds into compromised Ledger hardware wallets supplied through third-party sellers. The funds were subsequently drained to an attacker-controlled address. The incident emerged amid broader revelations that some Ledger devices circulating through unauthorized reseller channels had been physically modified before reaching buyers, potentially compromising the security of stored assets.
Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.