According to Bitcoin Magazine, a scammer suffered a loss of $5 million in Bitcoin after being targeted by thieves who stole from a Ledger device.
Chainalysis disclosed that the victim of last week’s Ledger theft was identified as a person previously engaged in scamming activities.
The thieves accessed the Ledger belonging to the individual and removed cryptocurrency stored within it. The amount taken equaled $5 million worth of Bitcoin.
The incident illustrates how criminal actors who target users can themselves become victims when their own security devices are compromised.
