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ID:

ledger-490

Date:

Status:

Incident Count:

August 14, 2020

Verified

5

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

100,000

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Recovered:

-

Rewards:

Currency:

ERC-20

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Wallet

Hardware

Extended Method:

Hardware manipulation, bypass hardware wallet authorization

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Days in Operation:

0

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On August 15, a crypto trader by the name ‘Stacking’ informed on the social media platform that someone hacked into his Ledger and stole over $100,000 worth of ERC-20 tokens. He added that his ledger is in a safe, and he had reset it last week, making it impossible for anyone to crack the recovery phrases. Naturally, the entire act left him flabbergasted. This also left other users confused, as the coin was stolen while it was still in Ledger’s purse.

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