Scammer Loses $4.9M via Tampered Ledger Wallets

Chainalysis reports a crypto scammer lost more than $4.9 million in bitcoin after thieves compromised Ledger hardware wallets sold by Southeast Asian reseller CryptoBilis. The fraudster transferred proceeds from a task scam to three wallet addresses, which attackers emptied, taking 60 BTC. Chainalysis identified the perpetrator on Thursday. Thieves previously drained over $103.4 million from 530 addresses.