Ledger Confirms Unauthorized Hardware Implant Linked to $86M Losses
- Ledger confirmed an unauthorized hardware implant was found in a device from reseller CryptoBilis.
- Estimated losses from the incident may exceed $86 million across Bitcoin, Ethereum, and Tron.
- CryptoBilis has halted sales of all hardware wallet inventory pending investigation results.
- Users who purchased devices from CryptoBilis are advised not to set them up and consider transferring assets to a new Ledger signer.
- Ledger stated that its systems were not compromised, indicating the issue is isolated to the reseller’s market.
The ongoing investigation by Ledger aims to address significant crypto losses linked to devices sold by CryptoBilis, which was an authorized reseller in Southeast Asia. Users are encouraged to report any relevant information regarding the situation.
With potential losses exceeding $86 million, this incident underscores the importance of verifying hardware wallet sources before purchase.(Source)
