Ledger confirms unauthorized hardware implant; losses may exceed $86M
Summary
Ledger confirmed that one hardware wallet linked to reported crypto losses among customers of Southeast Asian reseller CryptoBilis contained an unauthorized hardware implant. Investigator Specter estimated losses could exceed $86 million across Bitcoin, Ethereum and Tron, but Ledger has not verified the total or number of affected customers. CryptoBilis has paused sales while the investigation continues. Ledger advises buyers who have not set up devices not to do so; users who have should consider moving assets to a new device with a new seed. Ledger said the incident appears isolated to the reseller and that its own systems and services were not compromised.
