Ledger Confirms Unauthorized Hardware Implant in Crypto Wallet Sold by CryptoBilis
Ledger confirmed an unauthorized hardware implant in a CryptoBilis-sold wallet linked to cryptocurrency theft.
Ledger confirmed that one cryptocurrency hardware wallet tied to reported fund losses contained an unauthorized hardware implant. All confirmed cases from an October 9 draining incident involved devices sold by Southeast Asian reseller CryptoBilis, which has stopped hardware-wallet sales. Ledger said the number of affected devices is limited and that its own systems and direct sales were unaffected. A blockchain investigator estimated possible losses above $86 million, a figure Ledger has not confirmed, and the company has not explained how the implant worked.
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