Scammer Lost $4.8M in Bitcoin to Tampered Ledger Wallets: Chainalysis

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Chainalysis says a scammer lost about $4.8 million in Bitcoin after using tampered Ledger hardware wallets. The case highlights that hardware wallets are only as trustworthy as their supply chain and should be purchased through verified channels. For Bitcoin users, checking device provenance and authenticity is essential: a compromised wallet can expose funds even when users believe they are relying on offline security.

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