Scammer loses $4.8M stored on tampered Ledgers: Asia Express
A scammer reportedly lost $4.8M of stolen money after storing the funds on tampered Ledgers. Bitcoin and Ether ETFs launch trading in Thailand and South Korea blocks 27 exchanges.
A scammer reportedly lost $4.8 million of stolen funds after using tampered Ledger devices. Bitcoin and Ether ETFs are now trading in Thailand and South Korea, but 27 exchanges have closed. Ledger temporarily suspended its reseller network across Southeast Asia due to thefts totaling over $103.4 million from 530 addresses. One victim was a scammer who had been operating a "task scam," paying people to fake sales and reviews of real items.
The Ledger device's latest launch, Atom, includes protections against the implants used in the Asian thefts. South Korean authorities have blocked access to 27 websites of unregistered crypto exchanges and virtual asset service providers. South Korea will also tighten cybersecurity requirements for financial institutions.
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