Scammer Lost $4.8M in Bitcoin to Tampered Ledger Wallets: Chainalysis

60-second summary

Scammer loses $4.8 million in Bitcoin after using tampered Ledger wallets, Chainalysis reports. The crypto originated from a task‑scam scheme that hired workers to fabricate product sales and reviews, then demanded upfront deposits before releasing promised earnings. The breach highlights vulnerabilities in hardware‑wallet supply chains and could prompt tighter security standards across the crypto industry.