Specter says reported Ledger wallet thefts may top $86 million across several blockchains

Specter says reported Ledger wallet thefts may top $86 million across several blockchains

N
News Editor
2026-10-09 12:33:01
On-chain analyst Specter said recent reports on X and Reddit point to multiple cases of Ledger users losing funds from their wallets. After tracing related theft addresses, Specter said the money appeared to come from hundreds of victim wallets across several major blockchains, including Ethereum, Tron and Bitcoin, with total losses exceeding $86 million. The analyst has disclosed a number of addresses tied to the case, but key questions remain unresolved. The cause of the attacks has not been confirmed, the exact number of affected users is still unclear, and there is no confirmation that Ledger itself has a security flaw. For now, the information is based mainly on on-chain tracing and community reports, which means the details still need further verification.

ChainCatcher reported that on-chain analyst Specter said multiple reports of Ledger users having funds stolen from their wallets have recently surfaced on X and Reddit.

After tracing the related theft addresses, Specter said the funds came from hundreds of victim wallets across several major blockchains, including Ethereum, Tron and Bitcoin. The cumulative loss has exceeded $86 million, according to the analyst.

Specter has disclosed several addresses linked to the case. Still, the cause of the attacks, the exact number of affected users, and whether Ledger has any security vulnerability have not been confirmed. At this stage, the information is based mainly on on-chain tracking and community reports, and still requires further verification.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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