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Crypto Regulation

Ledger faces class action over 2023 data breach

Ledger is facing a class action lawsuit over its December 2023 data breach, filed today. Plaintiffs allege the company downplayed the severity and failed to disclose the incident timely, exposing customer names, emails, and phone numbers that ended up on the dark web. The suit cites a 2020 breach of 270,000 customers, calling the pattern ‘egregious’ and accusing Ledger of negligent and reckless security practices.

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