Report Alleges Ledger Device Tampering Linked to Wallet Losses
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The Defiant reports that tampered Ledger devices sold through reseller CryptoBilis were linked to losses of up to $93 million across more than 300 wallets.
A report from The Defiant alleges that physically altered Ledger signing devices were linked to as much as $93 million being drained from more than 300 wallets. The devices were reportedly sold through reseller CryptoBilis.
According to the outlet, Ledger confirmed that a hardware implant captured recovery phrases displayed during device setup and transmitted them externally. The report describes physical tampering rather than a compromise of the devices’ software.
The supplied excerpt does not include Ledger’s statement, a technical investigation or details supporting the reported losses. It also does not specify which device models were affected or when the alleged thefts occurred.
Source: The Defiant
