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Counterfeit Ledger wallets linked to about $86m in reported crypto thefts

NewsFeeds update

More than $86m in cryptocurrency thefts has been linked to fake Ledger hardware wallets, according to The Block. On-chain analysts counted the losses across the Bitcoin, Ethereum and Tron networks.

BitcoinCoinNessAIBearish

Read the original on CoinNess

The story so far: Ledger wallet theft incident

Attackers drained hundreds of Ledger wallets tied to reseller CryptoBilis, with losses estimated above $86m and Tether freezing $10m in USDT. Stolen funds have moved through Tornado Cash, and the CryptoBilis Ledger Drainer has now deposited another 885 ETH, worth $2.14m, into Tornado Cash, per Lookonchain.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Specter says Ledger wallet thefts hit hundreds of wallets, losses above $86m

  2. Specter says Ledger theft addresses still being identified

  3. Tether freezes USDT tied to Ledger user theft as losses near $90m

  4. Lookonchain says Ledger users lose nearly $90m after buying devices from CryptoBillis

  5. Lookonchain says address lost 80 BTC bought for $5.2m and stored on a Ledger

  6. Ledger says it is investigating wallet drain tied to CryptoBilis devices, losses near $90m

  7. Suspected Ledger hacker wallets move $1.07m in ETH to Tornado Cash, Onchain Lens says

  8. Galaxy researcher says about $72.9m from Ledger CryptoBillis attack still in attacker's addresses

  9. Ledger says it is investigating reported wallet thefts as Tether freezes USDT

  10. Researcher says fake Ledger site tops Google search results

  11. Ledger says CryptoBilis reseller link confirmed in 9 Oct coin theft cases

  12. Ledger says CryptoBilis-linked devices compromised as attackers take up to $94.5m

  13. Ledger attacker moves nearly 3,000 ETH via Tornado Cash and Zcash, wallets still hold $38.6m ETH

  14. OneKey revokes CryptoBilis distribution licence after Ledger wallet thefts

  15. Ledger theft victim who lost over 60 BTC is alleged scam operator

  16. Counterfeit Ledger wallets linked to about $86m in reported crypto thefts

  17. Specter says stolen funds from Cryptobills Ledger and $12m Triple-A hack flow into ZEC

  18. CryptoBilis Ledger Drainer deposits 885 ETH worth $2.14m into Tornado Cash, Lookonchain says

More Bitcoin updates

  1. Bitcoin breaks above $76,000, up 0.31% on the day

    BitcoinPANewsAIBullish

  2. Bitcoin and ether funding rates stay neutral as market steadies, CoinGlass data show

    BitcoinChainCatcherAINeutral

  3. Analyst Ai Yi says hacker address's 20x ETH short and BTC long total about $20m

    BitcoinOdailyAIBearish

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.