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Ledger Confirms Hardware Wallet Spy Implant Behind Crypto Thefts
Ledger said the incident appears isolated to one reseller as it urges affected users to move assets and investigate a potential supply-chain attack.
- On Friday, Ledger disclosed that at least one hardware wallet device contained an unauthorized hardware implant, characterizing the incident as a supply-chain attack involving CryptoBilis, an authorized reseller in Indonesia, Malaysia, and the Philippines.
- Investigator Specter estimated losses from the attack may exceed $86 million across Bitcoin, Ethereum, and Tron, prompting Ledger to reach out to affected users as part of its ongoing investigation.
- Reseller CryptoBilis confirmed it ceased sales of all hardware wallet inventory pending the investigation, while Ledger advises users who purchased devices from this reseller not to initiate setup and consider moving assets.
- Ledger confirmed its infrastructure, systems, and services remain uncompromised, and the company is actively communicating with CryptoBilis regarding next steps while encouraging individuals to contact its bounty program.
- Data shows Bitcoiners face ongoing security risks, as recent reports indicate France saw 90 attacks in 7 months, underscoring broader vulnerabilities in hardware wallet supply chains.
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63 Articles
63 Articles
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.
·Vienna, Austria
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Ledger confirms the presence of an unauthorized material implant on devices sold via CryptoBilis.
Coverage Details
Total News Sources63
Leaning Left0Leaning Right2Center9Last UpdatedBias Distribution82% Center
Bias Distribution
- 82% of the sources are Center
82% Center
C 82%
R 18%
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