Trezor Reduces Resellers Amid Ledger Security Concerns
- Trezor will cut its number of resellers as a precaution after reports of compromised Ledger devices.
- The company confirmed there is no evidence that Trezor devices have been compromised.
- Trezor’s Chief Commercial Officer announced the removal of certain resellers effective January 1.
- Ledger users reported losses between $72 million and $86 million due to unauthorized implants in hardware wallets sold by a reseller.
- CryptoBilis, an authorized Trezor reseller, has suspended all hardware wallet sales following the incident.
In light of recent supply-chain incidents involving Ledger, Trezor is taking preventive measures to protect its customers by limiting reseller access and advising direct purchases from the company to ensure product integrity.
With potential user losses estimated at up to $86 million, Trezor emphasizes caution and recommends using multisignature wallets for added security. (Source)
