Ledger CEO: Will help affected individuals try to recover funds
Pascal Gauthier, the Chairman and CEO of Ledger, issued a public letter regarding the vulnerability of Ledger Connect Kit. On December 14th, Ledger was hacked through Ledger Connect Kit, a Javascript library used to connect websites to wallets. Ledger has since eliminated the vulnerability with its partners and attempted to freeze stolen funds, which were only exploited for less than two hours. This vulnerability is limited to third-party DApps using Ledger Connect Kit and is currently under investigation. Ledger has filed a complaint and will assist affected individuals in recovering their funds. Ledger will support affected users in finding the perpetrators, tracking the funds, and cooperating with law enforcement to recover stolen assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data Revealed: Whales Are More Bullish on These 7 Altcoins, Bearish on 6 Others – Here’s the List
According to data published by cryptocurrency analytics firm Alphractal, traders are long on some altcoins and short on others.
Famous ETF Expert Made 10 Predictions for the Cryptocurrency Market in 2025 – “XRP, Solana…”
Nate Geraci, president of The ETF Store, made predictions for the cryptocurrency market in 2025 in his statement.
Watch Out: There are 32 Altcoins with Huge Token Unlocks in the New Week! Here is the Day by Day, Hour by Hour List
The cryptocurrency market is preparing for large amounts of token unlocks in many altcoins in the new week.
Old Altcoin Bullying Solana Accused of Being a “Pump-Dump Scheme,” Developers Issue Public Statement
The developers of the altcoin, who were heavily criticized for Solana