Ledger confirms hardware wallet spy implant behind crypto thefts
- Ledger is investigating reports that Southeast Asian users lost funds after purchasing devices through CryptoBilis, a reseller listed in Indonesia, Malaysia, and the Philippines.
- Ledger Support asked CryptoBilis to pause sales and shipments and advised recent buyers not to set up unused devices or to move assets to a new signer with a new seed.
- Ledger said the losses appear limited to devices sold through CryptoBilis and reported no indication that its security systems or services were compromised.
- Reports say more than $86 million in cryptocurrency was stolen, while the cause and extent of possible device tampering remain under investigation.
131 Articles
131 Articles
Manipulated Ledger Wallets are said to have allowed cryptocurrencies to be stolen. A suspected case in Germany has consequences for trade.
Ledger to Review Sale Policies After Crypto Spyware Attack
Crypto hardware maker Ledger SAS is reviewing its policies and processes for how its devices are sold to consumers, after spyware implanted in some wallets led to an estimated $90 million in stolen cryptocurrency.
Ledger's Hardware Nightmare: Spy Implants in Reseller Wallets Drain Millions
Ledger confirmed an unauthorized hardware implant in a device sold via Southeast Asian reseller CryptoBilis, linked to $86-93 million in crypto thefts. The spy chip captured seed phrases during setup and transmitted them wirelessly. Reports suggest tampering may extend beyond the original reseller to Europe and elsewhere. Users must treat affected seeds as compromised and migrate funds to new devices.
Crypto. Criminals have installed spy boards in Ledger devices that were sold by a Malaysian dealer. Why this also causes uncertainty in Austria.
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