Latest Update
2026-10-09 07:46 UTC

Lookonchain: User Loses 80 BTC to Tampered Ledger

Lookonchain: User Loses 80 BTC to Tampered Ledger

Lookonchain reports a trader who purchased 80 BTC for $5.2M four months ago lost everything after depositing the holdings into a Ledger device bought from reseller CryptoBillis.

Source

Analysis

Lookonchain flagged a wallet that bought 80 BTC near $65,000 four months ago, watched the position climb to a $1.38M unrealized gain, then transferred the entire stack into a Ledger bought from reseller CryptoBillis one week ago; the coins are now gone.

Past-year reports of reseller tampering on Ledger hardware align with this flow, confirming the device as the breach vector rather than exchange or seed exposure. BTC trades at $82569.79 inside its Bollinger band on the 4h chart, with price pressing the upper band at $85433.24 while the 50-EMA at $83823.03 caps upside and the 200-EMA at $82210.73 offers the next structural floor; RSI at 42.53 keeps momentum neutral even as MACD prints a golden cross, suggesting any rejection at band resistance likely funnels price back toward the 50-EMA before the next directional move.


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