Ledger Halts Sales in Asia Amid Tampered Wallet Investigation
- Ledger has asked resellers in Southeast Asia and Hong Kong to suspend sales of its hardware wallets due to tampering concerns.
- The affected countries include Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong.
- MediaMarkt Saturn stopped selling Ledger devices in Germany after a customer reported an implant, though no funds were lost.
- Specter traced over $86 million in suspected thefts linked to tampered devices sold through CryptoBilis in Southeast Asia.
- Rival Trezor plans to end reseller authorizations by January as a precautionary measure despite no compromise evidence.
Ledger has requested a halt on sales across several Asian markets while investigating hardware wallet tampering incidents linked to significant financial losses. The company is working to determine the source of the tampering within the distribution chain.
This investigation follows reports of implants that can transmit recovery phrases from wallets, potentially compromising funds security. Specter’s findings suggest substantial monetary impact, emphasizing the need for Ledger’s ongoing scrutiny and response measures. (Source)