Losses from Ledger supply chain attack reach $17.7 million, Alex Thorn notes

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Ledger supply chain attack steals $17.7 million

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09.10.2026

Losses from Ledger supply chain attack reach $17.7 million, Alex Thorn notes — Ledger supply chain attack steals $17.7 million

Alex Thorn is tracing the impact of a recent supply chain attack related to Ledger's CryptoBilliS. According to Thorn, the bitcoin portion of funds stolen in the incident amounts to 213.42 BTC, equivalent to $17.7 million.

He notes that 92% of the compromised funds were less than 90 days old, with some older bitcoin also affected. The stolen BTC currently remains unspent in three collector addresses.

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Thorn previously reported that the U.S. government held more than 300,000 BTC in both January 2025 and October 2026, with a value reaching as high as $34.1 billion, according to his analysis of government-controlled wallets. In a separate project, he commissioned an AI-generated video covering bitcoin’s historical timeline using an extensive local database. These efforts demonstrate Thorn’s focus on tracking significant movements and documentation within the bitcoin ecosystem.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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