Scammer loses $4.8M BTC to tampered Ledger hardware wallets: Chainalysis
Unusual scam reversal sees cybercriminal lose $4.8M in BTC<p>Chainalysis data reveals a fraudster running a task scam has lost $4.8 million worth of Bitcoin after falling victim to tampered Ledger hardware wallets. The incident marks a rare case where the original perpetrator of a scam has themselves become the target of a separate exploitation.</p><p>The original scam operated by the affected party recruited victims to complete fake product sales and review tasks, promising payouts for completed work. Scam operators would then demand victims make upfront deposit payments before releasing their supposed earnings, a common pattern in task-based fraud schemes.</p><p>The tampered Ledger wallets appear to have been pre-configured to siphon funds from any user that transferred cryptocurrency to the compromised devices, targeting even actors who are themselves engaged in malicious activity. No details have been released about the specific distribution channel used to circulate the modified hardware wallets.</p>
Source: DecryptRead original
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