Ledger Suspends Retail Sales in Germany as Wallet Implant Probe Continues
Ledger said the implant could expose 24-word recovery phrases, while Bitquery estimated $102 million in suspected losses across 324 wallets.
- On Tuesday, electronics retailer MediaMarkt Saturn suspended sales of Ledger hardware wallets online and in stores following a reported device implant discovered in Germany.
- Ledger's Donjon security research team confirmed an unauthorized component inside affected devices could read recovery phrases during setup using a separate microcontroller and eSIM to transmit data via LTE.
- Blockchain analytics firm Bitquery estimated suspected losses of approximately $102 million across 324 wallets in an October 12 analysis linked to Southeast Asian reseller CryptoBilis.
- Ledger warned scammers could exploit the incident by requesting 24-word recovery phrases, emphasizing that support staff will never ask customers for this information.
- Cybersecurity firm Zscaler documented similar phishing operations in September involving malicious Google advertisements, while separate fraudulent websites impersonating Ledger emerged to collect wallet recovery phrases.
19 Articles
19 Articles
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Europe's largest electronics retailer just pulled Ledger wallets from its shelves, and the former CEO of collapsed exchange Mt. Gox claims his device came with a spy chip inside. Here is what these reports reveal about the risks hiding in the hardware wallet supply chain.
Ledger suspends retail sales in Germany as wallet implant probe continues
Ledger hardware wallets have been withdrawn from sale at MediaMarkt Saturn stores and online following a reported device implant involving a customer in Germany. According to an October 13 statement from Ledger, the retailer stopped selling the devices with the…
Ledger Spy Implant Scandal Prompts Mediamarkt Sales Freeze
On Oct. 13, the hardware wallet manufacturer Ledger revealed new details about how criminals tampered with its hardware wallets and potentially stole customers’ cryptocurrency. The firm also noted that major European electronics retailer Mediamarkt Saturn has temporarily stopped selling Ledger devices. Ledger Investigation Uncovers Hidden Device That Steals Recovery Phrases Ledger has been dealing with […]
Ledger confirms a hidden chip that stole seed phrases in CryptoBilis purses. The case comes to MediaMarkt and Trezor cuts with the reseller. The entry The Ledger hack scale: A second wallet manipulated in MediaMarkt and Trezor clips resellers aparece primero en Merca2.
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