According to Decrypt, a scammer lost approximately $4.8 million in Bitcoin after using tampered Ledger wallet devices. The loss occurred in connection with a task‑based fraud scheme that asked participants to create fake product sales and reviews, then required deposit payments before any payout was released.
Chainalysis reported that the fraudulent operation instructed victims to submit deposits as a condition for receiving payment for their fabricated work. Investigators traced the flow of funds through Ledger wallets that had been altered or compromised, resulting in the loss of the claimed amount.
