Ledger’s Response and Commitment
In response to this incident, Ledger has released a statement on a popular social media platform, X, addressing the concerns of affected users and outlining their commitment to resolving the situation. The company acknowledges that approximately $600,000 worth of assets were impacted by the phishing attack. With the utmost dedication, Ledger is determined to compensate the affected users entirely and further vows to implement measures to prevent such scenarios from occurring in the future.
Ledger has already initiated contact with a significant number of impacted users and is actively collaborating with them to address the specific repercussions each individual faces. Their goal is to rectify the situation and offer restitution by the end of February 2024. Additionally, Ledger shares that they strive to engage in gestures of goodwill to reassure their users during this challenging time.
Future Measures
Beyond compensating affected users, Ledger is taking steps to enhance the security of its products. The company has announced its decision to disable the option for blind-signing transactions in their upcoming releases. Typically, users are required to sign transactions before allowing their wallets to interact with smart contracts. Blind signing allows users to bypass this process, and Ledger aims to prevent this practice to ensure greater security for its user base.
Investors involved in high-risk investments, such as Bitcoin, cryptocurrency, or digital assets, are advised to exercise caution and undertake thorough due diligence. It is crucial to recognize that all transfers and trades carry inherent risks, and any losses incurred are the sole responsibility of the individuals involved.