A cryptocurrency investor lost 80 Bitcoin, valued at approximately $5.2 million, after purchasing a Ledger hardware wallet from reseller CryptoBillis. The individual had acquired the BTC four months ago at roughly $65,000 per coin and was sitting on $1.38 million in unrealized profits before transferring the entire holdings to the new device one week ago.
The total loss occurred immediately following the deposit to the Ledger unit obtained through the third-party reseller. This incident highlights the security risks associated with acquiring hardware wallets from unauthorized or secondary market vendors rather than directly from manufacturers.
Investor Loses 80 BTC After Purchasing Ledger Device from Reseller CryptoBillis
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