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

CoinDesk·October 16, 2026·1 min read
Scammer gets scammed in Ledger spy-chip exploit, loses almost $5 million in bitcoin

Chainalysis reports a fraudster who ran fake online job scams became one of the biggest victims of compromised Ledger hardware wallets, losing nearly $5 million in bitcoin. The exploit targeted users through spy-chip attacks, and the scammer's own illicit gains were stolen, illustrating how even criminals can fall prey to hardware wallet vulnerabilities.

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