Start with the most common causes before resetting the wallet, restoring from a recovery phrase, or trusting a support message.
Wrong asset, network, account, or token view selected in Ledger Live
Ledger Live sync/cache has not refreshed the account correctly
Different recovery phrase or optional passphrase opened a different wallet
Account was not re-added after restore or device change
Transaction is pending, failed, bridged, or sent on a different network
Fake support claims zero balance can be fixed by validating the seed phrase
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