Crypto Wallet-Maker Ledger Confirms Unauthorized Hardware Implant, Says Losses May Exceed $86M
Hardware wallet maker Ledger, which has been investigating reports of crypto losses involving its devices purchased from a Southeast Asian reseller, confirmed that one of the affected users’ devices contained an unauthorized hardware implant.
As a measure of precaution, reseller CryptoBilis confirmed in the post that it had ceased sales of all hardware wallet inventory until the investigation is concluded. Ledger said it is in active communication with CryptoBilis on next steps.
Ledger recommends users who purchased one of their devices from this reseller to not initiate set-up if they have not yet done so. If they have set up their Ledger device, they should consider moving assets to a new Ledger signer, including using a new seed.
Yet another Crypto theft