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Scammer gets scammed in Ledger spy-chip exploit, drops almost $5 million in bitcoin

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Scammer loses 60 bitcoin in Ledger hardware exploit. (Arian Darvishi/Unsplash)

A crypto scammer who made millions tricking people by offering fake online jobs has fallen victim to another scam, losing bitcoin worth more than $4.9 million through compromised Ledger hardware wallets.

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Summary

A crypto scammer who made millions through fake online job offers lost more than $4.9 million in bitcoin after thieves compromised Ledger hardware wallets. Chainalysis said the scammer transferred proceeds from their scheme to three wallet addresses, from which attackers stole 60 bitcoin. The theft was linked to Ledger devices sold by Southeast Asian reseller CryptoBilis that contained unauthorized implants capable of transmitting wallet recovery information over a mobile network. Blockchain analytics firm Chainalysis said Thursday on X that the perpetrator had collected the bitcoin through a so-called task scam, in which people are initially paid to post fake product reviews or boost online sales.

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