Skip to content
Search stories
-22 Cryptopulse -22 of 100, Leaning bearish.
Sign in
← Back to feed

Scammer Lost $4.8M in Bitcoin to Tampered Ledger Wallets: Chainalysis

The funds came from a task scam that paid people to fake product sales and reviews, then demanded deposits before releasing their pay.

Scammer Lost $4.8M in Bitcoin to Tampered Ledger Wallets: Chainalysis
Decrypt
AI summary

Chainalysis reported that a scammer lost $4.8 million in Bitcoin after using tampered Ledger hardware wallets, which redirected funds to attacker-controlled addresses. The stolen BTC originated from a task scam that paid victims to fake product sales and reviews, then required deposits before releasing supposed earnings. The incident highlights ongoing supply-chain risks in hardware wallets and the scale of illicit crypto flows, but is unlikely to move broader market prices.

Narrative history
2 linked stories · 3 outlets · since 15 Oct
  1. 1H AGO
    You’re reading this
    Scammer Lost $4.8M in Bitcoin to Tampered Ledger Wallets: Chainalysis
    Decrypt · Score 25
  2. 3H AGO
    BeInCrypto · Score 25 · via $4.8M, Scammers
  3. 15H AGO
    Cointelegraph · Score 15 · via tampered Ledgers, $4.8M
Latest across the feed