Report contends Ledger vulnerability allows for a Bitcoin Fork attack! A recent report contends Ledger vulnerability could allow for a Bitcoin Fork attack if not properly fixed.
Mo Nokhbeh claims that Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets.
This vulnerability allows a user’s wallet to be fooled into authorizing a transaction for a less valuable asset, such as Litecoin, Bitcoin Cash, or any other Bitcoin fork coin, when in reality, a Bitcoin transaction is being transacted.
Nokhbeh claims that he has noticed Ledger of this vulnerability, but despite it, the company has failed to fix it. Instead, they’ve chosen to release an update to their existing app that will warn users if such an exploit is detected.
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