Hidden implant in Ledger hardware wallets linked to $93M theft
Hardware implants in Ledger wallets sold via Southeast Asia reseller CryptoBilis drained over $93 million in crypto.
Suspected losses exceed $93 million after Ledger devices sold through Malaysian reseller CryptoBilis were found to contain unauthorized hardware implants, with all confirmed cases tied to that channel. Mark Karpelès documented a hidden circuit board with microcontroller, LTE chip, and e-SIM under the screen that captures the displayed seed phrase and transmits it to attackers. Devices passed Ledger's Genuine Check and arrived in intact shrink wrap; Bitquery data suggests wallets funded since June may be affected, beyond Ledger's 90-day advisory window.
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