A device designed to keep hackers out, with a hacker sitting inside waiting for you to enter your seed phrase
On October 19, former Mt. Gox CEO Mark Karpelès called out Ledger on X
He said the company’s ads may be misleading consumers
Here’s what happened
Ledger customer support had previously stated publicly that the secure chip can detect physical tampering and the installation of signal-eavesdropping devices
But Ledger’s own technical documentation says it plainly
Genuine Check can only verify the secure chip itself
If the chip is intact, it can’t detect physical implants added to the device
One company, two different stories
The evidence contradicting them has been right there in black and white
On October 9, a user discovered that a device bought from authorized Southeast Asian reseller CryptoBilis had been tampered with
On October 15, Ledger admitted that an organized crime group had modified genuine devices and installed eavesdropping chips
The chip was stuck behind the screen, ready to send your seed phrase as soon as you entered it
Ledger itself had published photos of this type of implant in an Academy article back in March
On-chain analyst Specter estimated that more than $86 million was stolen in this wave (10-19)
People buy hardware wallets for peace of mind
Now peace of mind itself has become the most expensive disposable item
Are the coins in your wallet being safeguarded by a chip—or by the reseller “safeguarding” them?
Just my personal opinion; not investment advice
#Ledger硬件钱包 $BTC
On October 19, former Mt. Gox CEO Mark Karpelès called out Ledger on X
He said the company’s ads may be misleading consumers
Here’s what happened
Ledger customer support had previously stated publicly that the secure chip can detect physical tampering and the installation of signal-eavesdropping devices
But Ledger’s own technical documentation says it plainly
Genuine Check can only verify the secure chip itself
If the chip is intact, it can’t detect physical implants added to the device
One company, two different stories
The evidence contradicting them has been right there in black and white
On October 9, a user discovered that a device bought from authorized Southeast Asian reseller CryptoBilis had been tampered with
On October 15, Ledger admitted that an organized crime group had modified genuine devices and installed eavesdropping chips
The chip was stuck behind the screen, ready to send your seed phrase as soon as you entered it
Ledger itself had published photos of this type of implant in an Academy article back in March
On-chain analyst Specter estimated that more than $86 million was stolen in this wave (10-19)
People buy hardware wallets for peace of mind
Now peace of mind itself has become the most expensive disposable item
Are the coins in your wallet being safeguarded by a chip—or by the reseller “safeguarding” them?
Just my personal opinion; not investment advice
#Ledger硬件钱包 $BTC