User accused Ledger of missing 10 BTC

The owner of the Ledger Nano S hardware wallet under the nickname Anchor Drops reported the theft of at least 10 BTC and raised questions with the device manufacturer.

According to the user, he also lost $1.5 million in NFTs.

“The wallet was purchased directly from you. The seed phrase was kept in a safe place and was never published online. I did not sign any malicious transactions. Everything is exclusively in my physical access; I have not used the device for two months. Can you explain what happened?,” Anchor Drops wrote.

He received a response from a community member under the pseudonym KDean, who discovered a dubious Ethereum transaction approved by a user on February 22, 2022, with the tag Fake_Phishing5443.

“Sorry to hear, man. Looks like phishing happened a few years ago and has just woken up,” he wrote.

This transaction explains the loss of the NFT, but it remains unclear how it could have contributed to the Bitcoin theft, Fuzzland lead security researcher Tony Ke noted in a commentary for Cointelegraph.

Cyvers senior researcher Hakan Unal admitted that the attacker, as a result of his actions, gained access to all blockchains supported by the wallet.

The Ledger team took a similar stance:

“As we know, the user was subjected to a phishing attack involving an ETH wallet. We assume that a user error also occurred on the Bitcoin side.”

In response to questions from Anchor Drops, the hardware wallet developers recommended contacting law enforcement to track and block stolen assets. The support service is ready to assist in the investigation, they assured.

“Ledger wallets have never been hacked remotely (or physically), such incidents often occur as a result of phishing attacks or pre-authorized endorsements,” the Ledger team said.

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Source: Cryptocurrency

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