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USD 2.5 million in crypto assets stolen from Ledger Wallet

On December 13, the owner of a hardware wallet known as “Anchor Drops” reported financial losses of 10 Bitcoin

btc

$101,486.17



stored in your Ledger Nano S wallet
—a sum equivalent to almost a million dollars.

An X user, @kdean, shared ideas link the losses to a phishing transaction named “Fake_Phishing5443”.

The transaction was allegedly executed on February 22, 2022and involved the hacked Ethereum address

ETH

$3,924.45



revealed by the victim.

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Interestingly, suspected phishing activity It dates back to an incident that occurred over a year ago. but only now is it causing serious damage.

The victim shared her experience on X, stating:

Hi Ledger, tonight I lost 10 BTC and ~1.5 million NFTs stored on my Ledger Nano S.

The victim said that bought the wallet directly from Ledger and have stored the seed phrase in a safe place. They also claimed to have lost $1.5 million worth of non-fungible tokens (NFTs) stored in the same wallet.

Additional investigations by blockchain security platforms support this timeline and confirm that the malicious transaction detected by KDean was likely the cause of the theft of funds and digital assets.

This phishing attack is not the only way cryptocurrency holders have been targeted recently. Recently, a part-time job offer turned into a scam that wiped out a crypto wallet. How did the incident occur? Read the full story.

Having completed a master’s degree in Economics, Politics and Cultures of the East Asian region, Aaron has written scientific articles analyzing the differences between Western and collective forms of capitalism in the post-World War II era.
With almost a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that cryptocurrency enthusiasts face. He is a passionate analyst who cares about data- and fact-based content, as well as that which speaks to both Web3 natives and newcomers to the industry.
Aaron is the go-to person for all things digital currencies. With a strong passion for blockchain and Web3 education, Aaron strives to transform the space as we know it and make it more accessible for beginners.
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