Key Highlights
- A crypto user claimed 2.3 million ADA worth about $333,000 was drained from a Ledger wallet without signing any transaction.
- Ledger responded by offering support, warning about scammers.
- The incident comes as crypto hacks continue to rise in 2026, with Ledger urging users to protect their recovery phrases.
A crypto user has claimed that about 2.3 million ADA worth about $333k was drained from their Ledger hardware wallet without signing or connecting it to any application.
In a post on X, the user said “Just lost 2.3m $ADA from my @Ledger without signing or even connecting it to something. Got drained.”
However, no on-chain evidence has been presented to support the allegation, and there is currently no confirmed cause behind the reported loss.
Ledger Response
Meanwhile, Ledger quickly responded to the claim. In the comment section. The company expressed sympathy for the user’s reported loss while directing them to the company’s official support resources.
The company also urged the user to remain cautious, warning that scammers often target people who report losing crypto online.
“We’re sorry to hear about your experience. Losing funds is devastating and we know how difficult it can be to process.” Ledger said.
The company added that users should avoid anyone claiming they can recover stolen funds and reminded them that Ledger will never call, send direct messages, or ask for a 24-word recovery phrase.
Another X user also advised the investor to stop using the wallet immediately and move any remaining assets to a new wallet secured with a new recovery phrase.
The Crypto Times has contacted Ledger for further comment on how the company is assisting the affected user and whether any additional information is available about the reported incident.
Crypto hacks continue to rise in 2026
The reported loss comes at a time when crypto hacks and scams are filling up the market, particularly across decentralized finance (DeFi) platforms.
In a recent report that the company posted, it mentioned some of these hacks and also how users can avoid being the next victim. Ledger said more than $1 billion had already been stolen through crypto-related attacks during the first few months of 2026.
This includes the exploits involving Drift Protocol exploit, where about $270 million was stolen within weeks, as well as the attack on Step Finance, which lost around $40 million and was forced to shut down after the incident.
Ledger also pointed to the Kelp DAO, one of the biggest DeFi attacks of the year. About $292 million was stolen from the company. According to the company, the attacker spent months building trust within the project’s community by taking part in discussions and depositing more than $1 million into the platform to avoid raising suspicion.
The attacker later took control of a compromised administrator key and abused Solana’s durable nonces feature, which allows transactions to be prepared before they are signed. Ledger said this tricked the protocol into approving transactions that unknowingly gave the attacker administrator access.
How attackers are targeting crypto users
According to Ledger, these attacks show that many hackers no longer rely only on technical weaknesses. Instead, they spend weeks or even months planning their attacks, gaining trust, stealing credentials, or tricking users into approving harmful transactions before moving funds.
To help users stay safe, Ledger advises keeping recovery phrases offline, carefully checking every transaction before signing it, reviewing wallet permissions regularly, and avoiding messages or websites that ask for sensitive wallet information.
The company said these simple steps can help reduce the risk of becoming the next victim of a crypto scam or exploit.
Also Read: US Seizes Huione Group Infrastructure Linked to Billions in Crypto Scam Flows
