A crypto scammer who made millions through fake online job offers lost over $4.9 million in bitcoin after attackers exploited compromised Ledger hardware wallets. The scammer had transferred stolen funds to three Ledger wallet addresses, which were emptied by thieves using unauthorized spy-chip implants found in devices sold by a Southeast Asian reseller. These implants transmitted wallet recovery data over mobile networks, allowing attackers to access the bitcoin. This incident highlights ongoing security risks in hardware wallets and the evolving tactics of crypto criminals.
The scammer who lost $4.9 million in bitcoin due to a Ledger hardware wallet exploit is the subject here. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 16, 2026 17:32 WIB: out of 50 major cryptocurrencies, 45 rose and 4 fell today. Notable moves include SXP down 46.27% at Rp37, ZIL down 16.17% at Rp47 with 100% buy order activity, and BAL up 11.14% at Rp16.297.
STS Digital, a Bermuda-regulated trading firm specializing in institutional digital asset derivatives, was named North America's Best Digital Assets Trading Platform by Euromoney. This award recognizes STS Digital's advanced trading infrastructure, d...
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