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Even Scammers Get Robbed: $4.8M Gone in the Ledger Wallet Drain

A suspected scammer who lost roughly $4.8 million in a Ledger wallet drain has become the unlikely face of the wider $100 million Ledger theft. The twist is that the stolen money was itself stolen, turning a scam story into a lesson in custody. How a Scam’s Proceeds Ended Up Drained A task scam dangles The post Even Scammers Get Robbed: $4.8M Gone in the Ledger Wallet Drain appeared first on…

Even Scammers Get Robbed: $4.8M Gone in the Ledger Wallet Drain
BeInCrypto
AI summary

A suspected scammer lost roughly $4.8 million when their Ledger wallet was drained, part of a wider $100 million Ledger theft. The stolen funds were themselves proceeds from a task scam, so the loss involves no legitimate investor money. The story is a cautionary tale about self-custody risk rather than a market-moving event, with no direct implications for major crypto prices.

Narrative history
1 linked story · 2 outlets · since 15 Oct
  1. 1H AGO
    You’re reading this
    Even Scammers Get Robbed: $4.8M Gone in the Ledger Wallet Drain
    BeInCrypto · Score 25
  2. 13H AGO
    Cointelegraph · Score 15 · via $4.8M, Scammer
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