Start with the most common causes before resetting the wallet, restoring from a recovery phrase, or trusting a support message.
Charge-only USB cable or unstable USB hub
Ledger device locked, not on the dashboard, or waiting for an app to open
Ledger Live, browser, or operating system permission conflict
Another wallet app or browser tab is already using the device
Firmware, coin app, or Ledger Live version mismatch
Fake support page asking you to reconnect through a suspicious link
An empty restored view can come from passphrase context, account discovery, derivation path, selected network, token visibility, imported accounts, or Ledger Live cache
After Ledger firmware or Ledger Live updates, bootloader/update mode, device reconnects, coin app prompts, cache refresh, and account discovery delays can make balances look stale temporarily