October 15th 2026, 6:23 PM
Ledger's $849 Atom Wallet Launch Sparks Criticism Over Timing
Key Summary
Ledger's new $849 Atom wallet device was released just days after a $86 million hack, prompting criticism over the company's timing. The device, designed for security-focused data capabilities, has been accused of poor timing and a lack of consideration for users affected by the hack. The company has attributed the hack to an 'organized criminal group' and is suspending sales with some resellers.
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Background Context
Ledger has faced criticism in the past for its handling of security and hacking incidents. In 2022, the company confirmed that over $93 million was drained from more than 300 wallets without software interaction.
Ledger's New Device
The Atom wallet is a security-focused Android device that runs on Android OS and Ledger-OS. It features a
#Crypto#US#SEC