Douglas Kim lost $1.94M after scammers used his data from Ledger’s 2023 breach to impersonate Ledger support and trick him into entering his seed phrase on a fake site. He’s now suing for the entire class: up to 210,000 customers whose data was exposed across Ledger’s multiple breaches (2020, 2023, 2026).
The lawsuit claims Ledger downplayed every breach, failed to notify customers in time, and never actually fixed their security. Ledger built its brand on keeping crypto safe.
The company that sells hardware security just got sued for being insecure. 👇
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