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International Business Times
International Business Times
Business
Nica Osorio

Ledger Promises Refund To Users Impacted By ConnectKit Attack

Ledger
How to set up your Nano S Plus? (Credit: YouTube screenshot/Ledger official YouTune channel)

KEY POINTS

  • Around $600,000 in assets was stolen due to a recent security incident on Ledger's ConnectKit
  • Ledger said it will reimburse affected users and plans to resolve it by February 2024
  • Ledger asked uses who signed a transaction on affected DApps on Dec. 14 to revoke any authorized transactions

Crypto wallet maker Ledger reaffirmed the promise of its chairman and CEO that it will reimburse users who have lost their funds to a security breach on its ConnectKit and shared crucial policy updates, particularly about signing transactions.

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