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Foresight News reported that on-chain detective ZachXBT tweeted that French hardware wallet manufacturer Ledger has experienced multiple security breaches, resulting in the leakage of its customers' private data and leading to several targeted thefts and millions of dollars in losses. ZachXBT pointed out that Ledger's existing products have significant issues, such as battery failures in the Ledger Nano X. In addition, after recently announcing that it would charge a percentage fee for the "clear signing" feature, Ledger now plans to seek more revenue through a US IPO.

BlockBeats News, January 23, on-chain detective ZachXBT offered a critical assessment of hardware wallet manufacturer Ledger's plan to go public in the US. He stated that the French hardware wallet manufacturer Ledger has suffered multiple breaches, resulting in the leakage of its customers' private data and targeted thefts, causing millions of dollars in losses. Currently, Ledger's products also have some major issues, such as the battery problem with the Ledger Nano X. Ledger recently announced that it will charge a certain percentage fee for clear signing, and today's IPO announcement is just another move to maximize profits. The largest security incident in Ledger's history occurred in June 2020, when its e-commerce database was breached. Hackers exploited a misconfigured third-party API Key on Ledger's website to illegally access its e-commerce and marketing databases, resulting in the leak of over 1 million email addresses, including about 272,000 complete personal information records, such as real names, mailing addresses, and phone numbers. Earlier today, Ledger announced that it is planning to conduct an IPO in the United States, with a potential valuation exceeding $4 billions. The company has partnered with Goldman Sachs, Jefferies, and Barclays to advance this deal, which could be completed as early as this year.

PANews reported on January 23 that ZachXBT stated in a post that Ledger has suffered multiple breaches resulting in the leakage of customer privacy data, which has led to targeted thefts and losses amounting to "millions of dollars." He also pointed out existing issues with current products (such as Ledger Nano X battery failures), and questioned Ledger's plan to pursue a US IPO to "maximize extraction" after announcing a proportional fee for clear signing.