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Ledger confirms hidden chip in crypto wallet amid $92M…

Ledger confirms hidden chip in crypto wallet amid $92M…

Ledger has confirmed finding an unauthorized hardware implant inside one customer’s cryptocurrency wallet during its October 10 investigation into reported thefts involving Southeast Asian reseller CryptoBilis, as blockchain researchers estimate suspected losses exceeding $86 million.

Summary

  • Ledger confirmed an unauthorized hardware implant inside one affected customer’s device during its CryptoBilis investigation.
  • CryptoBilis suspended sales of all hardware wallets while Ledger investigates reported losses involving Asian customers.
  • Ledger advised customers with CryptoBilis devices against setup and recommended fresh recovery phrases for others.
  • Researcher Mark…

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