Bloomberg Law
April 7, 2021, 4:55 PM

Crypto Wallet Provider Ledger, Shopify Face Suit Over Data Breach

Andrea Vittorio
Andrea Vittorio

Users of Ledger, which provides a hardware wallet for cryptocurrency holdings, are suing over a 2020 data breach that exposed the company’s customer list.

The proposed class action lawsuit, filed Tuesday in a California federal court, faults Ledger SAS and its e-commerce vendor, Shopify Inc., for lax security practices and a failure to disclose the breach until after the customer list was publicly posted. The suit was brought under state consumer protection laws.

The lawsuit centers on an incident in which hackers allegedly found and exploited a database vulnerability to obtain a list of Ledger’s customers, as well as email ...