More than 200,000 addresses of Ledger customers were published. In Ledger, they consider that the threats against the clients of the wallet will not materialize.

Pascal Gauthier, Ledger’s Executive Director, assured that the company will not bring any type of compensation to users that suffered the extraction of personal and delicate data in the massive theft; data that was also published on the Internet.

Gauthier’s reaction appeared on the media after several of those affected made their annoyance public and hinted that they would take legal action against the French company.

The executive said that after such a major data breach in a small company, a million users cannot be compensated, as that “would simply kill the company.”

In that sense, Pascal Gauthier only asked “to look to the future”, since Ledger is investing “money and time in creating the next layers of security and the next products that will provide more security to our users”.

The figure of 272,853 physical addresses and phone numbers of bitcoin wallet users, as well as 1,075,382 email addresses, were published on the web. The information was stolen by hackers last June. The publication of personal data triggered a wave of threatening emails. Some even warned that they would go to Ledger users’ homes to steal their cryptocurrencies unless they paid a ransom.

In this regard, the CEO dismissed the threats, considering that there is little probability that these threats will ever materialize.

“There is not the greatest possibility of this to happen. The database has been available since June and no one has reported any attack of that nature. “Pascal Gauthier said.

In another attempt to minimize what happened, he assured that those who are behind the threats will do everything possible not to use economic resources to personally attack users, because in his opinion phishing attacks only seek to reach the maximum number of people without taking greater risks.

Reactions to the Ledger leak

Former Ericsson executive Anders Larsson wrote about recent regulatory proposals from the US Department of the Treasury, which would call for linking personal identification to self-guarded wallets.

“Imagine you could organize the attack on Ledger based on the size of your position. That is what FinCEN regulation would bring. I am not sure Steven Mnuchin and his team thought about that possibility. They cannot keep a secure database, but 10,000 startups and IT departments will? So let us add amounts too?”  Said Anders Larsson

In another message, Larsson expressed that the Ledger hack paints a view of what would happen if users attached names and addresses to each blockchain with management in 1000 places with specific amounts.

Likewise, the Argentine journalist Emiliano Arnáez said that what happened with the French company was because “they took care of everyone’s cryptocurrencies, but it never occurred to him to protect their databases.”

By: Jenson Nuñez.

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