
A troubling trend in cryptocurrency-related crime has intensified scrutiny over a significant data breach at Ledger. French officials report 77 kidnapping and extortion incidents linked to cryptocurrencies in the first half of 2026. This alarming rise sparks questions about Ledger's data retention policies and security measures.
In June 2020, Ledger announced its e-commerce database was hacked, putting around 272,000 customer records at risk. This breach exposed personal details like names, physical addresses, and phone numbers, directly correlating individuals to their cryptocurrency holdings. Contrary to mere email leaks, this event revealed customers' real-world identities, escalating security worries.
The rate of violent crimes tied to cryptocurrencies has sharply increased. According to reports, incidents rose from an average of 1.9 monthly in 2025 to 4.6 in 2026. More than a third of these crimes now involve home invasions, indicating targeted attacks against identified cryptocurrency holders. Notably, over 40% of these incidents have affected family members of the crypto holders, highlighting how interconnected victims are becoming.
"These attacks show a direct result of the data breach," warned a cybersecurity expert.
Ledger asserts it has taken steps to bolster its security, moving data into a more secure environment. However, the company retains customer informationโincluding shipping addresses and phone numbersโfor ten years. This raises particular concerns over legalities in regards to data retention.
"I don't understand why Ledger keeps my data for a decade," questioned a concerned customer, underscoring widespread frustration.
Many customers report continual harassment from scammers. "I'm still receiving SMS and targeted emails. It's been ongoing since 2020," one customer noted. This sentiment is echoed across forums, with numerous complaints about identity risks lingering from the breach.
Customers raise critical questions:
What specific customer data is kept for ten years?
When is personal information deleted?
What third parties access this sensitive data?
Meanwhile, discussions have emerged about the ease of linking crimes against crypto holders back to the leaked Ledger data, emphasizing the need for clearer communication from the company regarding its data practices.
As more cryptocurrency holders fall victim to targeted attacks, Ledger faces increasing demands for transparency. Following a data incident linked to its partner company Global-e in January 2026, users are even more concerned. This latest breach compromised customer information despite Ledger's promises to enhance third-party security.
๐ธ 77 kidnapping instances reported related to crypto in France this year.
โ๏ธ Ledger's policy shows no data removal despite claims of security improvements.
๐ซ Continued grievances highlight risks associated with data retention.
"The data can circulate forever, and who knows how it's being used?" criticized another community member.
As scrutiny intensifies, Ledger must navigate mounting pressure from regulators and concerned customers. Experts believe approximately 60% of affected individuals may demand a review of data policies, challenging the company's ten-year data retention.
If unresolved, this could lead to lawsuits from affected customers seeking accountability. The mounting trend of cryptocurrency crimes may result in stricter regulations for businesses managing sensitive data, further spotlighting Ledger's practices.
The Ledger incident serves as a reminder of previous failures in data protection from the early 2000s when banks faced backlash over personal information theft. Just as those financial institutions eventually had to adapt to a more security-focused culture, Ledger finds itself at a crossroads, facing a pivotal moment that could reshape consumer trust and influence how companies prioritize data safety in this digital era.