Summary: A Ledger wallet user has lost 10 Bitcoin and $1.5 million worth of NFTs after hackers exploited a phishing transaction from 2022. This incident highlights the importance of vigilance in securing crypto wallets and avoiding phishing traps.
The $2.5M Crypto Wipeout
A crypto user, known as “Anchor Drops” on X, shared their loss of 10 Bitcoin and $1.5 million in NFTs from their Ledger Nano S wallet. The attack was traced back to a phishing transaction they unknowingly approved in February 2022. The hacker stayed under the radar for nearly three years before draining the funds.
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How the Hack Proceeded
Blockchain security experts confirmed that the phishing transaction gave the hacker access to the user’s recovery phrase, allowing them to take control across multiple blockchains. Ethereum-based NFTs were targeted first, but the attacker also managed to drain Bitcoin holdings, leaving the community puzzled about how it happened.
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Staying Safe in Crypto
Ledger and blockchain experts stress the importance of reviewing token approvals and understanding wallet interactions. Phishing scams often rely on users overlooking small details. The takeaway? Be hyper-cautious with transactions and never share your recovery phrase—because even a hardware wallet can’t fix user mistakes.
