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Cryptocurrency News Articles

Ledger Lends a Hand to UFD Token Creator After Hackers Drain His Phantom Wallet

Jan 30, 2025 at 02:05 pm

The gift came two days after Branstetter's Phantom wallet was drained by hackers to wipe out 6.6 million UFD coins worth some $1.2 million

Ledger Lends a Hand to UFD Token Creator After Hackers Drain His Phantom Wallet

After Branstetter's Phantom wallet was hacked on Monday, draining 6.6 million UFD coins and leaving him devastated, the UFD community rallied behind him, donating generously to a secure, multisig wallet created by Gianina Skarlett and three other crypto heavyweights to help him recoup some, if not all, of the coins stolen by the hackers.

Throughout the ordeal, Branstetter learned a lot about himself and the crypto community. He thanked everyone who helped him, from the Duster community to Ledger and MoonPay. He also thanked his wife for putting up with him and said he's excited to see what the future holds for UFD.

Branstetter, who is known for his enthusiasm and optimism, said he's learned so much throughout the process of getting hacked and rebuilding with the help of the "Duster" community. He thanked everyone who helped him, from his wife to the crypto community, and said he's excited to see what the future holds for UFD.

"I'm so grateful for all the support I've received from the UFD community, MoonPay, and Ledger," Branstetter said in a heartfelt message. "This whole experience has taught me so much, and I couldn't have done it without you all. Thank you for helping me rebuild and continue bringing security best practices to everyone."

The hardware wallet provider also announced that it will be sponsoring Branstetter to continue promoting crypto security best practices, a move that aligns with Ledger's mission to enhance Web3 safety.

After Branstetter's Phantom wallet was hacked on Monday, draining 6.6 million UFD coins and leaving him devastated, the UFD community rallied behind him, donating generously to a secure, multisig wallet created by Gianina Skarlett and three other crypto heavyweights to help him recoup some, if not all, of the coins stolen by the hackers.

Throughout the ordeal, Branstetter learned a lot about himself and the crypto community. He thanked everyone who helped him, from the Duster community to Ledger and MoonPay. He also thanked his wife for putting up with him and said he's excited to see what the future holds for UFD.

Branstetter, who is known for his enthusiasm and optimism, said he is "impressed" by the herd of UFD Dusters. "When things go well, any community thrives! The real test is when things aren't going well, does the community fight for a come back or do they move on?" he said.

Been looking at the $UFD community and I’m impressed! When things go well, any community thrives! The real test is when things aren’t going well, does the community fight for a come back or do they move on? For this reason.. I now have a bag! Let the ride begin 🙌🏼

Longtime crypto user Grronk had similar observations, saying UFD is done with the surviving period and is now thriving. "The hack was a moment of truth that turned into a testament of why UFD could be one of the most enduring and beloved meme coins out there," he said.

$UFD isn't just surviving; it's thriving. The hack was a moment of truth that turned into a testament of why $UFD could be one of the most enduring and beloved meme coins out there. This is why you should be bullish on $UFD - its value isn't just in its token but in the…

Grronk has since urged Ledger to sponsor Branstetter as MoonPay did when the gold and silver advocate's sponsors dropped him as he entered the crypto space. It remains to be seen whether Ledger will consider the suggestion.

For now, Dusters continue to spread magical, positive dust around the crypto realm, proving that crypto can be scary due to malicious actors, but it can also be an inspiring journey through community strength and unity.

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Other articles published on Jan 31, 2025