Ledger Confirms Tampering in Hardware Wallets Linked to $86M Theft
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- •Ledger confirmed tampering in hardware wallets linked to over $86 million in thefts.
- •Malicious implants were found in devices sold by authorized reseller CryptoBilis.
- •Sales of Ledger wallets have been suspended across Southeast Asia as investigations continue.
Ledger has confirmed unauthorized tampering in its hardware wallets sold through the reseller CryptoBilis, leading to significant cryptocurrency thefts estimated at over $86 million. The tampered devices, primarily sold in Southeast Asia, contained malicious implants capable of capturing sensitive information, including recovery phrases. Ledger suspended sales in several countries, including Singapore and Malaysia, and is investigating the extent of the compromise. The tampering allows attackers to relay sensitive data to third parties, potentially enabling them to drain victims' wallets. The company has not confirmed the total number of affected users or the exact amount lost. This incident underscores the risks associated with supply chain security in hardware wallets, which are designed to protect users' assets. Ledger's investigation began after reports from customers in Southeast Asia regarding stolen funds.
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