Following last week's exploit, worth 600 thousand dollars, Ledger announced the reimbursement plan for the users involved.

Ledger's plan to recover the funds

Last week the crypto community was rocked by a hacker attack involving Ledger hardwallet devices, effectively compromising operations with various decentralized applications.

The damage, actually calculated only in the last few hours, would amount to around 600 thousand dollars, stolen at the time of signing to operate with the aforementioned dApps via malware that affected Connect Kit, a tool with which one interfaces in DeFi for the operation of the Ledger .

All victims, according to what the company says, will be refunded, while "blind signing", the mechanism by which you accept the terms of a smart contract when interacting with a dApp via the wallet, will not be allowed until June 2024.

Ledger turns the page

All the problems concerned dApps based on EVM (Ethereum Virtual Machine), and among these the greatest damage came from SushiSwap and Revoke.cash, compromised on December 14th.

“We are committed, in every way possible, including goodwill gestures, to ensuring that refunds occur by the end of February 2024,” Ledger's statement read. “We are already in contact with many interested users, and are actively working with them on the details.”

Once the "blind signature" has been removed, in any case, Ledger guarantees that the wallet will still be usable in the dApp ecosystem, working in parallel to prevent the problem from recurring at least until June 2024. Until then, operation will only take place via " clear signing”, with users being able to verify transactions on the device before signing.

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