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Scammer Loses $4,800,000 in Bitcoin as Thieves Drain Ledger Wallets Holding ‘Task Scam’ Proceeds

The Daily Hodl·October 18, 2026·1 min read
Scammer Loses $4,800,000 in Bitcoin as Thieves Drain Ledger Wallets Holding ‘Task Scam’ Proceeds

Chainalysis reports a crypto scammer lost over 60 BTC worth about $4.8 million when thieves emptied three Ledger hardware wallet addresses holding task scam proceeds. The theft drained the wallets in a single transfer from each address, highlighting risks even for illicit actors storing funds on hardware wallets.

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