Ethereum
Ledger Confirms Hardware Implant in Reseller Devices as Losses Near $86M
A Southeast Asian distributor suspended sales after an unauthorized component was detected in a compromised crypto hardware wallet.
Hardware wallet manufacturer Ledger confirmed that an unauthorized hardware implant was discovered inside a device purchased from Southeast Asian reseller CryptoBilis. The finding comes amid an ongoing inquiry into reported crypto thefts, with on-chain investigator Specter estimating aggregate losses across Bitcoin, Ethereum, and Tron at over $86 million.
In response to the incident, CryptoBilis halted sales across its entire hardware wallet inventory pending the outcome of the investigation. The vendor was listed as an authorized Ledger distributor across Indonesia, Malaysia, and the Philippines. Ledger stated that it is actively communicating with the reseller and has invited anyone with relevant details to submit information to its bug bounty program.
Ledger advised customers who bought devices from CryptoBilis to avoid setting them up, or to transfer their holdings to a fresh signer using a new seed phrase if already initialized. The firm emphasized that its own core infrastructure, systems, and services were not breached, indicating that the tampering appears confined to the specific reseller and its regional market.
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