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A Ledger user lost all 80 BTC after depositing the funds into a hardware wallet a week earlier, amid a string of complaints on X and Reddit alleging unauthorized crypto outflows from Ledger users, according to Lookonchain.
The address had bought 80 BTC near a market low about four months ago and was sitting on roughly $1.38 million in unrealized gains, Lookonchain said.
Separately, Ledger said it is investigating devices sold through official distributor CryptoBilis in connection with asset theft cases involving users in Southeast Asia.