Start with the most common causes before resetting the wallet, restoring from a recovery phrase, or trusting a support message.
Ledger Live, the device, a charge-only USB cable, Windows driver state, macOS accessory permission, or another wallet app is blocking detection
The balance view is stale because account discovery, app sync, network selection, token visibility, or passphrase context has not been checked
A firmware update or app update changed the reconnect flow before accounts finished syncing again
Post-update Ledger Live may need a restart, device reconnect, coin app re-open, cache refresh, and account discovery before balances settle
A restored wallet is using a different recovery phrase, passphrase, account path, or imported account context
A token exists on-chain but is hidden by the current network, asset list, manually imported token setting, or stale Ledger Live cache
A fake support page, download mirror, or firmware warning is asking for recovery words, PINs, private keys, or remote access