Encrypted hardware wallet maker Ledger faces a class action lawsuit in the United States over a 2023 security incident. The plaintiffs allege the breach exposed customer names, emails, and phone numbers, and that Ledger failed to timely and fully disclose the incident. Hackers used the leaked data to impersonate Ledger and trick users into approving fraudulent transactions, stealing crypto assets.
Ledger, which makes encrypted hardware wallets, is now facing a class action lawsuit in the United States tied to a 2023 security incident, attorney Ariel Givner said when revealing the filing. The plaintiffs say the incident exposed personally identifiable information, including customer names, email addresses, and phone numbers, and that Ledger did not disclose the situation quickly enough or well enough.
And the complaint goes further. It says hackers later used that contact information to pose as Ledger, fool users into approving fraudulent transactions, and steal their crypto assets.
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