The check many hardware wallet owners rely on was never built to catch this kind of attack.
đ What happened
Ledger confirmed an unauthorized hardware implant in one affected user's device, per CryptoSlate. Independent trackers put suspected thefts near $93.2M across 315 wallets (Bitquery) or about $91M across 477 addresses (Galaxy Digital).
đ Why it matters
âą Ledger's own documentation says Genuine Check verifies the secure chip but cannot detect physical modifications if that chip is intact
âą Tibane Labs found implants that read signals between the chip and the screen, capturing recovery phrases
âą Galaxy's breakdown shows about $64.5M of the losses on Tron, the biggest single chain, ahead of $TRX peers Bitcoin and Ethereum
đ What to watch
âą Whether Ledger says how many devices were modified; it has not yet
âą Counterpoint: Ledger says it found no sign its own systems or services were compromised, and the known cases trace to third-party sellers
đŹ Where did you buy your hardware wallet, and would you buy from a reseller again?
#Ledger #Security
đ What happened
Ledger confirmed an unauthorized hardware implant in one affected user's device, per CryptoSlate. Independent trackers put suspected thefts near $93.2M across 315 wallets (Bitquery) or about $91M across 477 addresses (Galaxy Digital).
đ Why it matters
âą Ledger's own documentation says Genuine Check verifies the secure chip but cannot detect physical modifications if that chip is intact
âą Tibane Labs found implants that read signals between the chip and the screen, capturing recovery phrases
âą Galaxy's breakdown shows about $64.5M of the losses on Tron, the biggest single chain, ahead of $TRX peers Bitcoin and Ethereum
đ What to watch
âą Whether Ledger says how many devices were modified; it has not yet
âą Counterpoint: Ledger says it found no sign its own systems or services were compromised, and the known cases trace to third-party sellers
đŹ Where did you buy your hardware wallet, and would you buy from a reseller again?
#Ledger #Security