A user has reportedly lost 25,000 XRP, valued at $71,000, from their Ledger hardware wallet while attempting to access Ledger Live. The incident has sparked a debate within the crypto community regarding the cause, with some attributing it to a potential Ledger Live issue, while others suggest user negligence. Critics argue that a direct software hack is unlikely due to Ledger Live's requirement for a physical device connection. Concerns have been raised about the possibility of the user exposing their recovery phrase or using a counterfeit device.
The victim claims to have been scammed by a fake Ledger support account on X, though the exact timeline of events remains unclear. This incident is part of a series of Ledger-related losses, including previous cases involving $15,000 and $300,000 in 2024. Users are advised to regularly change passcodes and avoid suspicious links to enhance security.
User Loses $71,000 in XRP from Ledger Wallet, Sparks Community Debate
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