A Brazilian security researcher has uncovered a sophisticated counterfeit Ledger device operation after discovering modified hardware designed to siphon cryptocurrency from unsuspecting users.
Summary
- A Brazilian security researcher identified a sophisticated hardware compromise in a counterfeit Ledger Nano S Plus that utilized modified firmware to capture user recovery phrases.
- Physical inspections of the fraudulent device revealed the addition of unauthorized WiFi and Bluetooth components alongside a secondary manufacturer’s chip hidden beneath scraped markings.
- The operation relies on a deceptive QR code included in the packaging to lure users into downloading a malicious…
