User Claims $25K Bitcoin Loss After Ledger Live Transaction Mismatch
A Reddit user in r/Bitcoin has reported sending Bitcoin to Kraken via Ledger Live, only to discover the transaction went to a different address than what appeared on their hardware wallet display. The user now claims approximately $25,000 in cryptocurrency is lost or inaccessible.
What Happened: Address Verification Failure
The user transferred their entire Bitcoin holdings from cold storage through Ledger Live without verifying the address on the hardware wallet itself. Upon checking transaction history, they discovered the send address differed from their expectations, resulting in funds not appearing in their Kraken account.