Ledger Investigates Wallet Drain Reports, Losses Estimated at $86M
Ledger is investigating reports of drained hardware wallets and has warned users not to activate devices bought from a particular reseller.
Ledger said on Friday morning that it was looking into reports of cryptocurrency disappearing from wallets associated with its hardware devices.
Bitcoin.com News put estimated losses at $86 million in its headline. The available report does not establish the cause of the incidents or confirm the total amount lost.
Ledger advised users against activating devices purchased from a particular reseller. The supplied excerpt did not identify that seller.
The investigation follows social media posts from users who said their wallet funds had been drained. The excerpt provided no findings linking those claims to a specific security issue.
Source: Bitcoin.com News