π¨ Wait, how can someone lose their crypto from a Ledger?
Isn't a Ledger hardware wallet supposed to be one of the safest ways to store crypto?
That was my first thought when I saw this. Here's what happened and how this is even possible ππ»
Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses.
Reach out to Ledger customer support through official channels with any questions: https://t.co/4p918UH8yb
8/ There's also another risk.
e.g. connecting your Ledger to a scam website and approving a request that lets someone move your tokens.
Your Ledger protects your private keys.
But it can't always protect you from approving something dangerous.
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