“$93 million lost”: The ledger breach that raises questions about crypto security

Ledger wallet breach exposes $93 million, raising critical concerns over crypto security and self-custody risks for investors

A supply chain breach involving Ledger hardware wallets has reportedly exposed around $93 million across approximately 315 wallets.

The attack highlights a critical vulnerability in crypto security: even when investors believe their assets are protected by hardware wallets, compromised resellers can create another point of failure.

Oz Sultan joins Ticker from New York to explain how the breach raises questions about the safety of self custody and the wider risks facing crypto investors.

With multiple cold wallet providers reportedly targeted in recent months, the incident could force investors to rethink how they protect their digital assets.