Recent Ledger Loss Reports Stem From Panic Scams, Not Tampered Devices, Taylor Monahan Says
By Unchained
AI summary of the source article
Security expert Taylor Monahan stated that recent Ledger loss reports stem from scams targeting panicked owners rather than hardware tampering. Bitquery reported $102.0 million was taken from 324 wallets affected by tampered devices sold via reseller CryptoBilis.
Key facts
- Taylor Monahan said recent Ledger loss reports were caused by phishing, fake apps, and scam calls targeting panicked users, not cellular implants.
- Ledger confirmed earlier losses involved unauthorized cellular components inside devices sold by reseller CryptoBilis that transmitted recovery phrases.
- Blockchain data firm Bitquery counted $102.0 million stolen across 324 wallets.
Source excerpt · Unchained
The Uneasy Money co-host said the cases she has handled in recent days involve owners who panicked and then fell for bad ads, fake apps, phishing and scam calls. The post Recent Ledger Loss Reports Stem From Panic Scams, Not Tampered Devices, Taylor Monahan Says appeared first on Unchained .