๐จ#Ledger has confirmed that multiple devices connected to recent user losses contained an unauthorized hardware implant, raising serious concerns about crypto wallet supply-chain security.
๐ What we know:
Reseller linked: All confirmed cases involve devices distributed by CryptoBilis in Indonesia, Malaysia, and the Philippines.
Potential attack method: Researchers have documented modified Ledger Nano X devices with extra components designed to intercept recovery phrases. However, the exact implant used in the CryptoBilis incident remains undisclosed.
Estimated losses: On-chain analysts reported between $86M and $93M in suspected thefts across multiple blockchains. Estimates differ by methodology.
Funds frozen: Tether reportedly froze around $10M in stolen USDT.
#Write2Earn
#LedgerConfirmsUnauthorizedHardwareImplantInUserDevice $BTC $XRP $ETH
๐ What we know:
Reseller linked: All confirmed cases involve devices distributed by CryptoBilis in Indonesia, Malaysia, and the Philippines.
Potential attack method: Researchers have documented modified Ledger Nano X devices with extra components designed to intercept recovery phrases. However, the exact implant used in the CryptoBilis incident remains undisclosed.
Estimated losses: On-chain analysts reported between $86M and $93M in suspected thefts across multiple blockchains. Estimates differ by methodology.
Funds frozen: Tether reportedly froze around $10M in stolen USDT.
#Write2Earn
#LedgerConfirmsUnauthorizedHardwareImplantInUserDevice $BTC $XRP $ETH