Ledger faces a proposed class action seeking at least $500 million over alleged security and disclosure failures tied to a December 2023 incident.Plaintiff Douglas Kim alleges scammers used compromised customer information to impersonate Ledger representatives before stealing nearly $1.95 million in crypto.The complaint cites Ledger’s 2020 breach affecting more than 270,000 customers as part of an alleged pattern of inadequate data safeguards.The lawsuit brings seven causes of action and seeks actual, compensatory, statutory, treble and punitive damages.