The Money Trail: Why Loss Estimates Range From $72 Million To Over $100 Million

-

If you have seen different loss figures, you are not misreading the news — the estimates genuinely differ. Early reports cited more than $72 million, then more than $86 million. Bitquery later estimated about $93.2 million across 315 wallets, and another count put the figure at $102 million across 324 wallets.

Those differences reflect different researchers, different time windows, different chains, and the difficulty of separating overlapping theft addresses from the same coordinated draining event. Roughly $70 million was reported in USDT on Tron alone, with the rest spread across Bitcoin, Ethereum, BNB Chain, Polygon, Solana, and others.

Ledger has not confirmed a total, and has said many circulating figures are unverified. That does not mean the losses were minor — hundreds of wallets and tens of millions of dollars are serious by any measure. 

It does mean readers should treat a single headline number as an estimate, and watch for Ledger's own updates rather than treating a researcher's count as a final audited total.


Comments

Post a Comment

Popular posts from this blog

The Ledger Nano™ Gen5’s Clear Signing: Your Shield Against Crypto Scams

-
  Most crypto losses happen because people sign something they didn’t understand — usually from phishing sites or fake contracts. Ledger’s Clear Signing fixes this permanently. You See What You Sign With the Nano™ Gen5, every transaction appears on the Secure Screen: Token amount Contract call Recipient address Fee breakdown Real confirmation request Hackers cannot alter what appears on the device. Smart Contract Protection Even if a DApp tries to trick you, your Gen5 shows the truth. The Security Difference This feature alone prevents: ✔ Blind signing mistakes ✔ Fake approvals ✔ Malicious token interactions ✔ NFT draining attacks Order the Gen5 for maximum protection: SHOP HERE
Read more

Why Is Gen5 the Most User-Friendly Crypto Hardware Wallet

-
Image
Older devices relied on buttons — the Gen5 brings a modern touchscreen experience. Benefits of Touchscreen Signing Faster navigation Clearer confirmation Easier onboarding More intuitive contract signing A Device Built for Everyone Beginners and advanced users finally share the same accessibility. Upgrade your experience:  Official Ledger corporate link Here  
Read more

Why the Ledger Nano™ Gen5 Is the Crypto Traders Go to Crypto Hardware Device

-
  Crypto investors today face risks from every direction: compromised extensions, hacked exchanges, fake apps, malware, SIM swaps, and phishing attacks. Ledger’s Nano™ Gen5 directly solves every one of these threats. Hardware Separation = Real Protection The Gen5 keeps your private keys offline and fully isolated. Even if your phone or PC is infected, attackers cannot access your device. The Secure Element Advantage Ledger uses a CC EAL6+ Secure Element — a certification higher than most financial institution devices. Recovery Without Giving Away Keys Coincover lets you back up access through encrypted identity-protected fragments. Your private key stays locked in the Secure Element. Perfect for Serious Investors Anyone holding Bitcoin, Ethereum, or thousands of other supported assets benefits from hardware-level signing. Learn more or purchase:  SHOP HERE
Read more