October 9th 2026, 4:29 PM
Ledger Wallet Hack Exposes Trader to $6.6M Bitcoin Loss
Key Summary
A crypto trader lost 80 Bitcoin worth $6.6 million after transferring them from a new Ledger wallet, which had been unused for 10 days. The coins were bought four months ago at a low price of $65,000 each. The incident is linked to other large transfers, with estimates of total losses reaching $80-90 million. Ledger has paused the sales of the reseller and frozen USDT tokens at affected addresses.
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Incident Details
A trader lost 80 BTC from a new Ledger wallet purchased via CryptoBilis.Estimated Loss and Impact
The estimated theft totals near $90 million, emphasizing the severity of the incident.Investigation and Response
Further investigation is required to determine the extent of the security breach and the measures that can be taken to prevent such incidents in the future.#Bitcoin#Crypto#SEC#Cybersecurity