Ledger hardware wallet users might be in danger of physical attacks, with their addresses part of the user data dump by suspected hackers.
While users affected by the Ledger data dump are threatening legal action, some wallet owners might be at the risk of being visited by criminals. According to a Redditor named “u/relephants,” some users have begun receiving threatening emails demanding a $500 payment or else risk being attacked in their homes.
This development opens up another risk factor for Ledger users whose private information has been leaked by the hacker. Apart from home invasions, the affected Ledger owners also have to deal with phishing and SIM swapping exploits, among others.
Actual robberies connected to Bitcoin (BTC) are not uncommon, especially when the victim is known to be a holder of the popular cryptocurrency. Back in September 2019, a Norwegian millionaire was reportedly forced to jump from his second-floor balcony to escape armed robbers.
The Ledger data dump also offers in stark relief the dangers of centralized storage of customer data. Meanwhile, United States authorities are pushing for stricter Know Your Customer compliance for noncustodial wallet owners.