After Ledger's Reseller Breach, Trezor Pares Back Who Can Sell Its Hardware Wallets
Trezor said the cut is a preventive step after recent supply-chain incidents, and it did not say how many resellers are being dropped.
- On Tuesday, hardware wallet maker Trezor announced it is narrowing its list of authorized resellers, removing Southeast Asian distributor CryptoBilis as a "preventive step, taken out of an abundance of caution."
- This decision follows rival Ledger's investigation into drained wallets traced to devices sold by CryptoBilis in Southeast Asia, announced four days earlier.
- Trezor stated there is "not a single piece of evidence that devices have been compromised," emphasizing its setup checks are built to catch counterfeit hardware and modified firmware.
- A Trezor spokesperson advised users to purchase products directly from the company, "checking the seal is intact," and consider multisignature wallets so one compromised device cannot move funds.
- Trezor has managed two breaches at outside vendors this year, including shipping provider ShipMonk, which affected 80,689 customers; the company confirmed its own systems remained unaffected.
22 Articles
22 Articles
On October 13, hardware wallet maker Trezor notified some authorized resellers that their licenses would be terminated on January 1, 2027, and that no new inventory would be shipped. ... The post Trezor reduces resellers following Ledger incident – “A precautionary measure to ensure safety” first appeared on NADA NEWS.
Ledger's crypto wallet implant scare triggers Trezor reseller crackdown as security fears spread
Trezor is cutting authorized resellers after a hardware-implant attack against rival Ledger exposed vulnerabilities in cryptocurrency wallet distribution. In an Oct. 13 letter, Trezor Chief Commercial Officer Danny Sanders said selected partners would lose their authorization on Jan. 1, 2027, as the company tightens oversight of its supply chain. The decision marks an escalation in […]
Trezor reduces authorized resellers after reports of malicious implants in Ledger portfolios; losses can reach $86 million
Trezor Trims Reseller Network Following The Ledger Scandal
Trezor, one of the world’s top hardware wallet providers, will reduce its authorized resellers. The move comes amid the controversy surrounding its competitor, Ledger, after several users reported stolen assets caused by third-party tampering in its product’s system. Besides the souring public opinion on hardware wallets, Trezor clarified that the Ledger incident had no direct […]
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