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☹️ Ledger is trying to defend itself after a massive attack on hardware wallets.
A criminal group spent several months buying up genuine Ledger devices, opening them up, and installing hidden components to intercept seed phrases. The modified wallets were then put back on sale through resellers in Southeast Asia.
The attackers spent millions of dollars preparing the attack, built infrastructure to collect seed phrases, and stole users’ funds in a coordinated operation.
Ledger claims that there were no vulnerabilities in the devices themselves or the company’s systems. Following the incident, sales in Southeast Asia and Hong Kong were suspended, and resellers were prohibited from displaying the devices in stores.
Now, the wallets must be kept separately and handed over to customers only at the time of purchase.
#Macro Insights# #Altcoin Season# #Meme Alpha#
☹️ Ledger is trying to defend itself after a massive attack on hardware wallets.
A criminal group spent several months buying up genuine Ledger devices, opening them up, and installing hidden components to intercept seed phrases. The modified wallets were then put back on sale through resellers in Southeast Asia.
The attackers spent millions of dollars preparing the attack, built infrastructure to collect seed phrases, and stole users’ funds in a coordinated operation.
Ledger claims that there were no vulnerabilities in the devices themselves or the company’s systems. Following the incident, sales in Southeast Asia and Hong Kong were suspended, and resellers were prohibited from displaying the devices in stores.
Now, the wallets must be kept separately and handed over to customers only at the time of purchase.
#Macro Insights# #Altcoin Season# #Meme Alpha#