🔥 Ledger to Reimburse Stolen Crypto Assets

posted  20 Dec 2023
Photo - Ledger to Reimburse Stolen Crypto Assets
Ledger, the manufacturer of hardware cryptocurrency wallets, has announced its plan to return stolen crypto assets valued at approximately $600,000. These assets were unlawfully appropriated through an exploit of the Ledger Connect Kit.

The company has pledged to fulfill this restitution by February 2024.

For those unfamiliar with this incident, we advise referring to our earlier reports (12).
Ledger recommends that users who executed transactions on December 14, 2023, via compromised decentralized applications, should cancel all previously authorized transactions. This action is suggested to further reduce the repercussions of the harmful software.

Additionally, it has been specified that starting from June next year, users will no longer have the capability to execute blind signatures with Ledger devices.