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Ledger Wallet Spy Implant Scare Spreads To Europe As Crypto Losses Top $86M: Report

Ledger Wallet Spy Implant Scare Spreads To Europe As Crypto Losses Top $86M: Report

  • A user said on Sunday that a Ledger device bought from an official European reseller had a spy implant, suggesting a scare that began in Asia may have spread.

  • Ledger confirmed that at least one affected device had an unauthorized implant. It traced the cases to Southeast Asian reseller CryptoBilis, which has stopped all hardware wallet sales.

  • Trackers estimate losses at $72 million to more than $86 million across Bitcoin, Ethereum and Tron. More than $10 million has been frozen so far.

A Ledger hardware wallet scare that began with Asian users losing funds has reportedly spread to Europe after a user said a device bought from an official European reseller contained the same spy implant.

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