POPA ReconLedger Faces $500M Data-Breach Lawsuit
Ledger Faces $500M Data-Breach Lawsuit Ledger has been hit with a proposed $500 million class action alleging that data leaks let scammers impersonate its staff and steal users' crypto. The suit, filed in the Southern District of New York on August 27 by lead plaintiff Douglas Kim, says a scammer posing as a Ledger representative sent him to a fake support site and told him to enter his recovery phrase to reset his device. Two days later, $1,948,074 in crypto was gone. It ties the theft to Ledger's 2020 data breach, which exposed personal details of more than 270,000 customers, and to fresh…
The excerpt is quoted from a public Telegram channel, which owns its text.