Binance Square
#ledger

ledger

964,479 views
1,466 Discussing
CrypVexa
ยท
--
๐Ÿšจ Ledger Wallets Hit by Hidden Hardware Implant! ๐Ÿ” Ledger confirmed an unauthorized implant in a device sold through Southeast Asian reseller CryptoBilis. ๐Ÿ”‘ The implant captured 24-word recovery phrases during setup ๐Ÿ“ก Stolen phrases were transmitted over LTE/cellular networks ๐Ÿ’ฐ Reported crypto losses have reached tens of millions of dollars ๐Ÿญ Ledger says its own systems, Secure Element and OS were not compromised โš ๏ธ This was a localized distribution attack, not a systemic Ledger software breach. ๐Ÿ›ก๏ธ Buy hardware wallets through trusted channels and never share your recovery phrase. #Ledger #CryptoSecurity #Bitcoin #HardwareWallet #Crypto
๐Ÿšจ Ledger Wallets Hit by Hidden Hardware Implant! ๐Ÿ”

Ledger confirmed an unauthorized implant in a device sold through Southeast Asian reseller CryptoBilis.

๐Ÿ”‘ The implant captured 24-word recovery phrases during setup
๐Ÿ“ก Stolen phrases were transmitted over LTE/cellular networks
๐Ÿ’ฐ Reported crypto losses have reached tens of millions of dollars
๐Ÿญ Ledger says its own systems, Secure Element and OS were not compromised

โš ๏ธ This was a localized distribution attack, not a systemic Ledger software breach.

๐Ÿ›ก๏ธ Buy hardware wallets through trusted channels and never share your recovery phrase.
#Ledger #CryptoSecurity #Bitcoin #HardwareWallet #Crypto
ยท
--
๐Ÿ“ฐ Scammer Gets Scammed: Ledger Implant Thieves Steal $4.8M in Bitcoin The FTC estimated task scams made up nearly 40% of US job fraud reports in 2024 and called crypto their payment of choice. Source : Cryptopotato Time : 2026-10-18 18:13:38 Credit : jose oramas #ledger #aa_news #bitcoin #crypto_news #scam $ATOM $PEOPLE $SNT Share your opinion in the comment section below
๐Ÿ“ฐ Scammer Gets Scammed: Ledger Implant Thieves Steal $4.8M in Bitcoin
The FTC estimated task scams made up nearly 40% of US job fraud reports in 2024 and called crypto their payment of choice.
Source : Cryptopotato
Time : 2026-10-18 18:13:38
Credit : jose oramas
#ledger #aa_news #bitcoin #crypto_news #scam
$ATOM $PEOPLE $SNT
Share your opinion in the comment section below
ยท
--
๐Ÿ“ฐ Ledger Hardware Wallets Found with Spy Chips Amid USD 90M Crypto Theft Investigation Ledger is investigating over USD 90M in reported crypto theft after investigators found hidden spy chips in hardware wallets sold by a Malaysian retailer. Source : Analytics And Insight Time : 2026-10-18 14:30:00 Credit : kelvin munene #ledger #cryptobilis #crypto_theft #cryptocurrency_security #hardware_wallets $KEEP $ONE $BTC Share your opinion in the comment section below
๐Ÿ“ฐ Ledger Hardware Wallets Found with Spy Chips Amid USD 90M Crypto Theft Investigation
Ledger is investigating over USD 90M in reported crypto theft after investigators found hidden spy chips in hardware wallets sold by a Malaysian retailer.
Source : Analytics And Insight
Time : 2026-10-18 14:30:00
Credit : kelvin munene
#ledger #cryptobilis #crypto_theft #cryptocurrency_security #hardware_wallets
$KEEP $ONE $BTC
Share your opinion in the comment section below
ยท
--
๐Ÿšจ $BTC LEDGER SECURITY ALERT: SPY IMPLANT DETECTION PROJECT LAUNCHED! ๐Ÿ›ก๏ธ ๐Ÿ“Š Former Mt. Gox CEO Mark Karpelรจs is backing a lowโ€‘cost device that scans Ledger hardware wallets for hidden spy implants, aiming to shore up user confidence in cold storage. ๐Ÿฆˆ This move could force a wave of โ€œcleanโ€‘walletโ€ upgrades as smart money seeks airtight custody. ๐Ÿ’ก With the market still jittery on custody risks, any tool that validates wallet integrity gains instant credibility. ๐Ÿค” How will this tech shift the balance between securityโ€‘focused traders and those still riding on legacy hardware? ๐Ÿ‘‡ โš ๏ธ Not financial advice. Always manage your risk. ๐Ÿ›ก๏ธ ๐Ÿท๏ธ #BTC #Security #Ledger #Crypto ๐Ÿ”ฅ ๐Ÿฆˆ
๐Ÿšจ $BTC LEDGER SECURITY ALERT: SPY IMPLANT DETECTION PROJECT LAUNCHED! ๐Ÿ›ก๏ธ

๐Ÿ“Š Former Mt. Gox CEO Mark Karpelรจs is backing a lowโ€‘cost device that scans Ledger hardware wallets for hidden spy implants, aiming to shore up user confidence in cold storage. ๐Ÿฆˆ This move could force a wave of โ€œcleanโ€‘walletโ€ upgrades as smart money seeks airtight custody. ๐Ÿ’ก With the market still jittery on custody risks, any tool that validates wallet integrity gains instant credibility.

๐Ÿค” How will this tech shift the balance between securityโ€‘focused traders and those still riding on legacy hardware? ๐Ÿ‘‡

โš ๏ธ Not financial advice. Always manage your risk. ๐Ÿ›ก๏ธ

๐Ÿท๏ธ #BTC #Security #Ledger #Crypto

๐Ÿ”ฅ ๐Ÿฆˆ
ยท
--
Scammer loses $4.8โ€ฏM in Bitcoin after Ledger implant theft Chainalysis reports a taskโ€‘scam operator moved more than 60โ€ฏBitcoin (about $4.8โ€ฏmillion) into three Ledger addresses on Septemberโ€ฏ22, then thieves emptied each address in a single transfer on Octoberโ€ฏ9 into a consolidation wallet flagged as stolen funds. The largest linked scam wallet sent $1.36โ€ฏmillion across 106 transfers; each Ledger address was drained of roughly $1.64โ€ฏmillion. Ledger traced unauthorized hardware implants to signers sold by CryptoBilis. The implant captured the 24โ€‘word recovery phrase via LTE eSIM and transmitted it. Specter estimates CryptoBilisโ€‘related losses exceed $86โ€ฏmillion across Bitcoin, Ethereum and TRON. Ledger advises any CryptoBilis hardware user to migrate to a new signer with a fresh recovery phrase. Have you or your team ever audited hardware wallets for supplyโ€‘chain risks? #Bitcoin #Ledger #CryptoSecurity #TaskScam #FinTech
Scammer loses $4.8โ€ฏM in Bitcoin after Ledger implant theft

Chainalysis reports a taskโ€‘scam operator moved more than 60โ€ฏBitcoin (about $4.8โ€ฏmillion) into three Ledger addresses on Septemberโ€ฏ22, then thieves emptied each address in a single transfer on Octoberโ€ฏ9 into a consolidation wallet flagged as stolen funds. The largest linked scam wallet sent $1.36โ€ฏmillion across 106 transfers; each Ledger address was drained of roughly $1.64โ€ฏmillion.

Ledger traced unauthorized hardware implants to signers sold by CryptoBilis. The implant captured the 24โ€‘word recovery phrase via LTE eSIM and transmitted it. Specter estimates CryptoBilisโ€‘related losses exceed $86โ€ฏmillion across Bitcoin, Ethereum and TRON. Ledger advises any CryptoBilis hardware user to migrate to a new signer with a fresh recovery phrase.

Have you or your team ever audited hardware wallets for supplyโ€‘chain risks?

#Bitcoin #Ledger #CryptoSecurity #TaskScam #FinTech
ยท
--
๐Ÿ“ฑ Ledger Unveils โ€œAtomโ€: Transforming Hardware Wallets into a Dual-Mode Smartphone! ๐Ÿ”โœจ Under market pressure and aiming to redefine Web3 security, Ledger has officially announced its next-gen device: Ledger Atom! ๐Ÿš€ Instead of relying on a secondary device, Ledger is bringing the everyday phone experience and cold storage security under one roof. ๐Ÿ”ฅ Key Highlights of Ledger Atom: ๐Ÿ“ฒ Everyday Apps Integration: Run mainstream social & messaging apps like WhatsApp, Instagram, and TikTok directly on the device. ๐Ÿ›ก๏ธ Dual-Mode Security Architecture: standard smartphone functionality runs isolated from a isolated, ultra-secure mode driven by Ledger OS to guard private keys. ๐Ÿ”’ Hardware-Level Privacy: Features physical switches to cut power directly to the camera and microphone, alongside advanced tamper-protection. ๐ŸŒ Data-Only Connectivity: Supports 4G/5G data for dApps, DeFi, and social browsing without cellular phone/SMS vulnerabilities. ๐Ÿ’ก What This Means for Crypto Adoption Is the gap between Web2 convenience and Web3 self-custody finally closing? As self-custody adoption grows, hybrid devices like Atom could set a new benchmark for protecting $BTC , $ETH ,$SOL , and other digital assets against mobile phishing and malware risks! {spot}(SOLUSDT) {spot}(ETHUSDT) {spot}(BTCUSDT) ๐Ÿ‘‡ What are your thoughts? Would you switch to a dual-mode crypto smartphone for daily use, or do you prefer keeping your cold wallet completely offline? Letโ€™s discuss below! #writetoearn #Ledger #CryptoNews #Web3 #Write2Earn
๐Ÿ“ฑ Ledger Unveils โ€œAtomโ€: Transforming Hardware Wallets into a Dual-Mode Smartphone! ๐Ÿ”โœจ

Under market pressure and aiming to redefine Web3 security, Ledger has officially announced its next-gen device: Ledger Atom! ๐Ÿš€

Instead of relying on a secondary device, Ledger is bringing the everyday phone experience and cold storage security under one roof.

๐Ÿ”ฅ Key Highlights of Ledger Atom:
๐Ÿ“ฒ Everyday Apps Integration: Run mainstream social & messaging apps like WhatsApp, Instagram, and TikTok directly on the device.

๐Ÿ›ก๏ธ Dual-Mode Security Architecture: standard smartphone functionality runs isolated from a isolated, ultra-secure mode driven by Ledger OS to guard private keys.

๐Ÿ”’ Hardware-Level Privacy: Features physical switches to cut power directly to the camera and microphone, alongside advanced tamper-protection.

๐ŸŒ Data-Only Connectivity: Supports 4G/5G data for dApps, DeFi, and social browsing without cellular phone/SMS vulnerabilities.

๐Ÿ’ก What This Means for Crypto Adoption
Is the gap between Web2 convenience and Web3 self-custody finally closing? As self-custody adoption grows, hybrid devices like Atom could set a new benchmark for protecting $BTC , $ETH ,$SOL , and other digital assets against mobile phishing and malware risks!
๐Ÿ‘‡ What are your thoughts? Would you switch to a dual-mode crypto smartphone for daily use, or do you prefer keeping your cold wallet completely offline? Letโ€™s discuss below!

#writetoearn #Ledger #CryptoNews #Web3 #Write2Earn
Article
Bought a cold wallet for securityโ€”and got a device with spyware insideImagine you decide to store your crypto yourself, buy a hardware wallet, and set it up. But it already contains someone elseโ€™s components, which intercept your recovery phrase. Thatโ€™s the kind of attack Ledger described. The story is still being discussed on October 19โ€”and itโ€™s important to separate confirmed facts from sensational headlines.

Bought a cold wallet for securityโ€”and got a device with spyware inside

Imagine you decide to store your crypto yourself, buy a hardware wallet, and set it up. But it already contains someone elseโ€™s components, which intercept your recovery phrase.
Thatโ€™s the kind of attack Ledger described. The story is still being discussed on October 19โ€”and itโ€™s important to separate confirmed facts from sensational headlines.
$93.2 million was just the initial figure: following the Ledger spy chip incident, on-chain estimates have been revised up to about $102 million, with 324 wallets drained. The timeline is clear: the attacker first carried out 41 small-value test transactions starting September 26, then launched the main attack on October 9. The chip was hidden beneath the screen layer; when the device displayed the 24-word recovery phrase during initialization, the chip read it and sent it via LTE. The secure element itself was not compromised. The fallout is also widening: Ledger has asked distributors in several parts of Southeast Asia and Hong Kong, China, to suspend sales, while Tether froze about $10 million in USDT. Would you still consider buying a hardware wallet through a third-party channel? Share your thoughts in the comments. $BTC $ETH $USDT #็กฌไปถ้’ฑๅŒ… #ไพ›ๅบ”้“พๅฎ‰ๅ…จ #Ledger (Source: CoinDesk, Blockhead) โš ๏ธRisk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution when entering the market.
$93.2 million was just the initial figure: following the Ledger spy chip incident, on-chain estimates have been revised up to about $102 million, with 324 wallets drained. The timeline is clear: the attacker first carried out 41 small-value test transactions starting September 26, then launched the main attack on October 9. The chip was hidden beneath the screen layer; when the device displayed the 24-word recovery phrase during initialization, the chip read it and sent it via LTE. The secure element itself was not compromised. The fallout is also widening: Ledger has asked distributors in several parts of Southeast Asia and Hong Kong, China, to suspend sales, while Tether froze about $10 million in USDT. Would you still consider buying a hardware wallet through a third-party channel? Share your thoughts in the comments.
$BTC $ETH $USDT
#็กฌไปถ้’ฑๅŒ… #ไพ›ๅบ”้“พๅฎ‰ๅ…จ #Ledger
(Source: CoinDesk, Blockhead)
โš ๏ธRisk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution when entering the market.
ยท
--
Bullish
Ledger and Karpeles are arguing on X, and it seems theyโ€™re both right Karpeles: Ledger knew about the implants, but only gave a warning in its educational section. A more prominent warning, he says, would have prevented losses of over $90 million. But thatโ€™s researchersโ€™ estimate, not Ledgerโ€™s, and nobody has proved the losses could have been avoided CEO Pascal Gauthier replied: ยซComing from Mt Gox CEOโ€ฆ Come on man. You are no white knight. Get realยป Theyโ€™re both right because theyโ€™re counting different things Ledger โ€” confirmed fund thefts, so far only in Southeast Asia Karpeles โ€” implants found: on October 15, his database had 12 confirmed cases; now it has 13. In 8 of them, the seller wasnโ€™t CryptoBilis. Heโ€™s the one who marks them as โ€œconfirmedโ€ And more important than the argument is one sentence from Ledgerโ€™s guide: Genuine Check canโ€™t detect added components if the Secure Element is genuine So get a wallet directly from the manufacturer. Buying from a reseller now is a gamble #Ledger #HardwareWallets
Ledger and Karpeles are arguing on X, and it seems theyโ€™re both right

Karpeles: Ledger knew about the implants, but only gave a warning in its educational section. A more prominent warning, he says, would have prevented losses of over $90 million. But thatโ€™s researchersโ€™ estimate, not Ledgerโ€™s, and nobody has proved the losses could have been avoided

CEO Pascal Gauthier replied: ยซComing from Mt Gox CEOโ€ฆ Come on man. You are no white knight. Get realยป

Theyโ€™re both right because theyโ€™re counting different things

Ledger โ€” confirmed fund thefts, so far only in Southeast Asia

Karpeles โ€” implants found: on October 15, his database had 12 confirmed cases; now it has 13. In 8 of them, the seller wasnโ€™t CryptoBilis. Heโ€™s the one who marks them as โ€œconfirmedโ€

And more important than the argument is one sentence from Ledgerโ€™s guide: Genuine Check canโ€™t detect added components if the Secure Element is genuine

So get a wallet directly from the manufacturer. Buying from a reseller now is a gamble

#Ledger #HardwareWallets
๐Ÿ‘€ A few hours ago, Ledger got caught saying one thing and doing anotherโ€”again Mt. Goxโ€™s former CEO Mark Karpelรจs called Ledger out on X today: Ledger support once said the security chip can detect physical tampering and that "added hardware can't pass the authenticity check"โ€”but the official documentation states in black and white: as long as the original chip hasn't been tampered with, the Genuine Check can't detect spy implants In other words: what support says and what the documentation says directly contradict each other What stings even more is that Ledger's own Academy article from March this year included actual photos of an implantโ€”the threat had been documented for a while Karpelรจs did the math: in less than two months, this kind of "added hardware" has siphoned off over $90 million (according to Bitquery, $102 million in total across 324 wallets) He asked point-blank: if you know it can't be detected but still claim "it can be detected," does that count as misleading consumers? The upside: โ‘  The official documentation doesn't hide the limitations; they're clearly spelled out โ‘ก It's not a bad thing when people scrutinize these claimsโ€”Karpelรจs took devices apart and published a directory of inspection results to help people avoid pitfalls โ‘ข The industry is tightening up: Ledger has cut ties with resellers, and Trezor has followed suit A quick reminder about the risk: only buy hardware wallets from the official website or authorized channels. Avoid cheap third-party sellers Do you think this was a slip of the tongue by customer support, or genuine misrepresentation? $BTC $ETH $SOL #็กฌไปถ้’ฑๅŒ… #Ledger Source: Odaily / ChainCatcher (Karpelรจs posted on X on 10-19) For reference only; not investment advice
๐Ÿ‘€ A few hours ago, Ledger got caught saying one thing and doing anotherโ€”again

Mt. Goxโ€™s former CEO Mark Karpelรจs called Ledger out on X today: Ledger support once said the security chip can detect physical tampering and that "added hardware can't pass the authenticity check"โ€”but the official documentation states in black and white: as long as the original chip hasn't been tampered with, the Genuine Check can't detect spy implants

In other words: what support says and what the documentation says directly contradict each other

What stings even more is that Ledger's own Academy article from March this year included actual photos of an implantโ€”the threat had been documented for a while

Karpelรจs did the math: in less than two months, this kind of "added hardware" has siphoned off over $90 million (according to Bitquery, $102 million in total across 324 wallets)

He asked point-blank: if you know it can't be detected but still claim "it can be detected," does that count as misleading consumers?

The upside: โ‘  The official documentation doesn't hide the limitations; they're clearly spelled out โ‘ก It's not a bad thing when people scrutinize these claimsโ€”Karpelรจs took devices apart and published a directory of inspection results to help people avoid pitfalls โ‘ข The industry is tightening up: Ledger has cut ties with resellers, and Trezor has followed suit

A quick reminder about the risk: only buy hardware wallets from the official website or authorized channels. Avoid cheap third-party sellers

Do you think this was a slip of the tongue by customer support, or genuine misrepresentation?

$BTC $ETH $SOL
#็กฌไปถ้’ฑๅŒ… #Ledger

Source: Odaily / ChainCatcher (Karpelรจs posted on X on 10-19)
For reference only; not investment advice
The wildest crypto spat has arrived: Mark Karpelรจs, who lost 850,000 $BTC at Mt. Gox back in 2014, is now pointing a finger at Ledgerโ€™s CEO and saying: โ€œThereโ€™s a spy chip in your wallets. A heads-up earlier couldโ€™ve saved $90 million. Hereโ€™s the story: Someone took apart a genuine Ledger and found a hidden circuit board with an antenna inside. It secretly recorded the 24-word recovery phrase while users were setting up their wallets, then sent it to scammers using a mobile signal. A third party estimates losses exceeded $90 million, though Ledger hasnโ€™t confirmed that figure. Karpelรจs: You wrote about this kind of implanted chip in your own Academy back in March, which means you knew about it. Why didnโ€™t you sound the alarm and warn users? CEO Gauthier first said to stick to the facts, then twisted the knife: โ€œComing from the CEO of Mt. Goxโ€ฆ buddy, youโ€™re no white knight. Get real.โ€ Iโ€™m dead. The grandmaster of losing coins is teaching the vault guard how to prevent theft. Even more concerning, Ledger admits its anti-counterfeit checks canโ€™t detect when a secure chip hasnโ€™t been replaced but has been modified with an implantโ€”in this case, the victims really did buy genuine devices. Sound off in the commentsโ€” A: Team Ledger. You canโ€™t prevent every scam, and Mt. Gox has no right to talk. B: Team Karpelรจs. Someone whoโ€™s been burned knows where the pitfalls are. Good on him for warning people. Comment A or B, and tell us: did you get your wallet from an official or third-party source? $ETH #็กฌไปถ้’ฑๅŒ… #Ledger #MtGox
The wildest crypto spat has arrived: Mark Karpelรจs, who lost 850,000 $BTC at Mt. Gox back in 2014, is now pointing a finger at Ledgerโ€™s CEO and saying: โ€œThereโ€™s a spy chip in your wallets. A heads-up earlier couldโ€™ve saved $90 million.

Hereโ€™s the story: Someone took apart a genuine Ledger and found a hidden circuit board with an antenna inside. It secretly recorded the 24-word recovery phrase while users were setting up their wallets, then sent it to scammers using a mobile signal. A third party estimates losses exceeded $90 million, though Ledger hasnโ€™t confirmed that figure.

Karpelรจs: You wrote about this kind of implanted chip in your own Academy back in March, which means you knew about it. Why didnโ€™t you sound the alarm and warn users?

CEO Gauthier first said to stick to the facts, then twisted the knife: โ€œComing from the CEO of Mt. Goxโ€ฆ buddy, youโ€™re no white knight. Get real.โ€

Iโ€™m dead. The grandmaster of losing coins is teaching the vault guard how to prevent theft. Even more concerning, Ledger admits its anti-counterfeit checks canโ€™t detect when a secure chip hasnโ€™t been replaced but has been modified with an implantโ€”in this case, the victims really did buy genuine devices.

Sound off in the commentsโ€”
A: Team Ledger. You canโ€™t prevent every scam, and Mt. Gox has no right to talk.
B: Team Karpelรจs. Someone whoโ€™s been burned knows where the pitfalls are. Good on him for warning people.

Comment A or B, and tell us: did you get your wallet from an official or third-party source?

$ETH #็กฌไปถ้’ฑๅŒ… #Ledger #MtGox
ยท
--
Ledger explains that the incident occurred through a specific distribution channel after the devices had left its control, and says that the chip, operating system, and servers were not hacked. It requested that the devices be removed from store shelves and that returned devices not be resold. How do you verify the source of your device? ๐Ÿ”๐Ÿ“ฆ๐Ÿ›ก๏ธ The most traded on Binance at the time of observation โ€” October 18, 22:57 Istanbul time: $BTC, $ETH, $ZEC (Binance Spot, 24-hour trading volume; excluding stablecoins and fiat currencies). General market tracking, with no causal connection to the Ledger news. #ุฃู…ู†_ุงู„ู…ุญุงูุธ #Ledger
Ledger explains that the incident occurred through a specific distribution channel after the devices had left its control, and says that the chip, operating system, and servers were not hacked. It requested that the devices be removed from store shelves and that returned devices not be resold. How do you verify the source of your device? ๐Ÿ”๐Ÿ“ฆ๐Ÿ›ก๏ธ

The most traded on Binance at the time of observation โ€” October 18, 22:57 Istanbul time: $BTC , $ETH , $ZEC (Binance Spot, 24-hour trading volume; excluding stablecoins and fiat currencies). General market tracking, with no causal connection to the Ledger news.

#ุฃู…ู†_ุงู„ู…ุญุงูุธ #Ledger
ยท
--
The cold wallet has fallen! $90 million is gone just like that, and the official self-check couldnโ€™t even detect it?! โš ๏ธ Iโ€™ve said it before: a cold wallet isnโ€™t a safeโ€”itโ€™s just a drawer shaped like one. Donโ€™t say you werenโ€™t warned: what happened with Ledger today is a harsh lesson. Here are the facts: Ledgers sold by Southeast Asian reseller CryptoBilis were tampered with by a criminal gang. They opened the devices and soldered a spy chip onto the screenโ€™s ribbon cable. When you set up your wallet, it read the 24 recovery words displayed on the screen and sent them back to the gang using its built-in LTE. The private-key chip was untouched, and signatures worked normally. Even Ledgerโ€™s official authenticity check couldnโ€™t detect itโ€”and Ledger has admitted as much. An on-chain researcher estimates that $93.2 million across 315 wallets is gone. Tether froze 10 million USDT, but the rest is basically unrecoverable. The Kuala Lumpur shop closed on October 9, but the money was gone before then. Whatโ€™s the maddening part? Karpeles, the former Mt. Gox CEO, took one apart and uncovered this implant back in March. Ledger knew this was possible. Yet the warnings werenโ€™t adequate, and today the two CEOs are even arguing online, with one saying, โ€œYouโ€™re no white knight.โ€ Put simply, Ledger canโ€™t shrug off the blame: it knew in March, the breach came to light in October, and what recourse do people who bought devices during those seven months have? So hereโ€™s the bottom line: five ways to protect yourself, in plain English. Buy hardware wallets only from the official website. Donโ€™t risk it just to save a few bucks with a resellerโ€”Trezor has already started cutting out third-party resellers, which tells you where things are headed. Inspect the device as soon as it arrives: if you see an unfamiliar little board on the ribbon cable or sloppy soldering, return it immediately. Always write your recovery phrase by hand and keep it offlineโ€”this is the absolute baseline. Split up large holdings; donโ€™t keep your entire net worth in one wallet. Those 315 wallets are a cautionary tale. If you bought a Ledger from CryptoBilis, follow the official advice: if you havenโ€™t initialized it, donโ€™t. If you have, move your coins to a new device with a new recovery phrase as soon as possible. $BTC $ETH $BNB The funds sitting in your wallet arenโ€™t 100% safe. Just make sure youโ€™re not the easiest target. Letโ€™s talk in the comments: would you still trust a cold wallet with your big money? #Ledger #็กฌไปถ้’ฑๅŒ… #้˜ฒ้ช— #ColdWalletSecurity
The cold wallet has fallen! $90 million is gone just like that, and the official self-check couldnโ€™t even detect it?! โš ๏ธ

Iโ€™ve said it before: a cold wallet isnโ€™t a safeโ€”itโ€™s just a drawer shaped like one. Donโ€™t say you werenโ€™t warned: what happened with Ledger today is a harsh lesson.

Here are the facts: Ledgers sold by Southeast Asian reseller CryptoBilis were tampered with by a criminal gang. They opened the devices and soldered a spy chip onto the screenโ€™s ribbon cable. When you set up your wallet, it read the 24 recovery words displayed on the screen and sent them back to the gang using its built-in LTE. The private-key chip was untouched, and signatures worked normally. Even Ledgerโ€™s official authenticity check couldnโ€™t detect itโ€”and Ledger has admitted as much.

An on-chain researcher estimates that $93.2 million across 315 wallets is gone. Tether froze 10 million USDT, but the rest is basically unrecoverable. The Kuala Lumpur shop closed on October 9, but the money was gone before then.

Whatโ€™s the maddening part? Karpeles, the former Mt. Gox CEO, took one apart and uncovered this implant back in March. Ledger knew this was possible. Yet the warnings werenโ€™t adequate, and today the two CEOs are even arguing online, with one saying, โ€œYouโ€™re no white knight.โ€ Put simply, Ledger canโ€™t shrug off the blame: it knew in March, the breach came to light in October, and what recourse do people who bought devices during those seven months have?

So hereโ€™s the bottom line: five ways to protect yourself, in plain English. Buy hardware wallets only from the official website. Donโ€™t risk it just to save a few bucks with a resellerโ€”Trezor has already started cutting out third-party resellers, which tells you where things are headed. Inspect the device as soon as it arrives: if you see an unfamiliar little board on the ribbon cable or sloppy soldering, return it immediately. Always write your recovery phrase by hand and keep it offlineโ€”this is the absolute baseline. Split up large holdings; donโ€™t keep your entire net worth in one wallet. Those 315 wallets are a cautionary tale. If you bought a Ledger from CryptoBilis, follow the official advice: if you havenโ€™t initialized it, donโ€™t. If you have, move your coins to a new device with a new recovery phrase as soon as possible.

$BTC $ETH $BNB The funds sitting in your wallet arenโ€™t 100% safe. Just make sure youโ€™re not the easiest target.

Letโ€™s talk in the comments: would you still trust a cold wallet with your big money?

#Ledger #็กฌไปถ้’ฑๅŒ… #้˜ฒ้ช— #ColdWalletSecurity
ยท
--
Bullish
The hunter becomes the prey โ€” the dog brings it out, only for the chicken to snatch it ๐Ÿ˜€: A scammer gets... swindled by another hacker, losing $4.8 million! A job scammer had just made a "spiritual transaction," transferring 60 BTC to 3 Ledger wallets, and before he could celebrate, a more skilled hacker cleaned him out. Talk about "there's always someone sharper than you"โ€”it's enough to make you laugh and cry! Deep dive: Ledger admitted that criminals had tampered with the hardware, installing hidden components in genuine devices to steal recovery phrases (seed phrases). When even a cold wallet is no longer "cold," absolute security is just a deceptive flash of lightning! What should traders do? Buy hardware wallets directly from the official website; never buy secondhand or "insanely discounted" products. Carefully inspect the seals and packaging before setting up the device. This is not financial advice! Sign up for Binance today: [https://www.binance.com/register?ref=VINHTOCDO](https://www.binance.com/register?ref=VINHTOCDO) (Code: VINHTOCDO). Click the trades below to support me: $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $SOL {spot}(SOLUSDT) #Ledger #HackerAlert #scam #CryptoSecurity #HardwareWallets #VINHTOCDO
The hunter becomes the prey โ€” the dog brings it out, only for the chicken to snatch it ๐Ÿ˜€: A scammer gets... swindled by another hacker, losing $4.8 million! A job scammer had just made a "spiritual transaction," transferring 60 BTC to 3 Ledger wallets, and before he could celebrate, a more skilled hacker cleaned him out. Talk about "there's always someone sharper than you"โ€”it's enough to make you laugh and cry!
Deep dive: Ledger admitted that criminals had tampered with the hardware, installing hidden components in genuine devices to steal recovery phrases (seed phrases). When even a cold wallet is no longer "cold," absolute security is just a deceptive flash of lightning!
What should traders do?
Buy hardware wallets directly from the official website; never buy secondhand or "insanely discounted" products. Carefully inspect the seals and packaging before setting up the device.
This is not financial advice! Sign up for Binance today: https://www.binance.com/register?ref=VINHTOCDO (Code: VINHTOCDO).
Click the trades below to support me:
$BTC
$ETH
$SOL
#Ledger #HackerAlert #scam #CryptoSecurity #HardwareWallets #VINHTOCDO
The guy who lost 850,000 BTC says Ledger knew about a wiretapping chip in its devices back in March. The CEO shot back: โ€œSo now youโ€™re the white knight?โ€ Former Mt. Gox CEO Mark Karpelรจs took a device apart and found a hidden circuit board that could steal your 24-word recovery phrase. Ledgerโ€™s own security guide from March included a photo of a similar spy chip, and the company even admitted that Genuine Check canโ€™t detect itโ€”as long as the original secure chip is still there, the check acts like it doesnโ€™t see anything. The CEOโ€™s response? Dig up Karpelรจsโ€™s old history from 2014. The million-dollar question: When you buy a hardware wallet, are you paying for device securityโ€”or customer support that likes to argue? Pick a side in the commentsโ€”A: Two wrongs donโ€™t make a right; Karpelรจs is right to call them out. B: Mt. Gox crashed and burned too, so what gives him the right to criticize anyone? $BTC $ETH #็กฌไปถ้’ฑๅŒ… #Ledger
The guy who lost 850,000 BTC says Ledger knew about a wiretapping chip in its devices back in March. The CEO shot back: โ€œSo now youโ€™re the white knight?โ€

Former Mt. Gox CEO Mark Karpelรจs took a device apart and found a hidden circuit board that could steal your 24-word recovery phrase. Ledgerโ€™s own security guide from March included a photo of a similar spy chip, and the company even admitted that Genuine Check canโ€™t detect itโ€”as long as the original secure chip is still there, the check acts like it doesnโ€™t see anything. The CEOโ€™s response? Dig up Karpelรจsโ€™s old history from 2014.

The million-dollar question: When you buy a hardware wallet, are you paying for device securityโ€”or customer support that likes to argue? Pick a side in the commentsโ€”A: Two wrongs donโ€™t make a right; Karpelรจs is right to call them out. B: Mt. Gox crashed and burned too, so what gives him the right to criticize anyone?

$BTC $ETH #็กฌไปถ้’ฑๅŒ… #Ledger
Ledger CEO takes a direct shot at former Mt. Gox boss: stop pretending to be a white knight๐Ÿคก Itโ€™s quite a spectacle to hear someone who lost 850,000 BTC lecture others about transparency. Karpelรจs says advance disclosure could have saved 90 millionโ€”a fair point, but coming from him, itโ€™s got a touch of dark humor. In the hardware wallet business, supply-chain security matters a lot more than talk. $BTC #Ledger
Ledger CEO takes a direct shot at former Mt. Gox boss: stop pretending to be a white knight๐Ÿคก
Itโ€™s quite a spectacle to hear someone who lost 850,000 BTC lecture others about transparency. Karpelรจs says advance disclosure could have saved 90 millionโ€”a fair point, but coming from him, itโ€™s got a touch of dark humor. In the hardware wallet business, supply-chain security matters a lot more than talk.

$BTC #Ledger
ยท
--
Hardware wallets are a joke now! $90 million drained, and Ledgerโ€™s official checks didnโ€™t catch a single one ๐Ÿ˜ฑ Absurd doesnโ€™t even begin to cover itโ€”the whole point of buying a hardware wallet is that your private key never goes online. But this batch came with a โ€œphone lineโ€ built right in. The criminal gang bought genuine devices and soldered a listening device into the screenโ€™s ribbon cable. When you powered it on and set it up, as the screen displayed your 24 recovery words, it secretly read them and used its own LTE signal to text them back to the gangโ€™s hideout. No need for your Wi-Fi or computer. And Ledgerโ€™s official authenticity check still stamped every device โ€œgenuine, untampered.โ€ The result: over 300 wallets drained, with estimated losses exceeding $90 million. CryptoBilis, the Malaysian distributor, has already closed its Kuala Lumpur store. The official advice: if you bought a device through this distributor, move your crypto immediately and generate a new recovery phrase. Put simply, the worst part isnโ€™t the $90 millionโ€”itโ€™s that the โ€œcold wallet = safeโ€ reputation has been shattered. The verification system spent all that time guarding against software attacks, while someone just tampered with the hardware. What are you supposed to do about that? One more thing: only buy hardware wallets from the official website. Donโ€™t be tempted by a small discount from a resellerโ€”the few dollars you save could end up being the shipping fee for your entire net worth. $BTC $ETH $BNB Did you buy your device through an official channel? #Ledger #็กฌไปถ้’ฑๅŒ… #้˜ฒ้ช— #ๅŠ ๅฏ†่ดงๅธ #Security
Hardware wallets are a joke now! $90 million drained, and Ledgerโ€™s official checks didnโ€™t catch a single one ๐Ÿ˜ฑ

Absurd doesnโ€™t even begin to cover itโ€”the whole point of buying a hardware wallet is that your private key never goes online. But this batch came with a โ€œphone lineโ€ built right in.

The criminal gang bought genuine devices and soldered a listening device into the screenโ€™s ribbon cable. When you powered it on and set it up, as the screen displayed your 24 recovery words, it secretly read them and used its own LTE signal to text them back to the gangโ€™s hideout. No need for your Wi-Fi or computer. And Ledgerโ€™s official authenticity check still stamped every device โ€œgenuine, untampered.โ€

The result: over 300 wallets drained, with estimated losses exceeding $90 million. CryptoBilis, the Malaysian distributor, has already closed its Kuala Lumpur store. The official advice: if you bought a device through this distributor, move your crypto immediately and generate a new recovery phrase.

Put simply, the worst part isnโ€™t the $90 millionโ€”itโ€™s that the โ€œcold wallet = safeโ€ reputation has been shattered. The verification system spent all that time guarding against software attacks, while someone just tampered with the hardware. What are you supposed to do about that?

One more thing: only buy hardware wallets from the official website. Donโ€™t be tempted by a small discount from a resellerโ€”the few dollars you save could end up being the shipping fee for your entire net worth.

$BTC $ETH $BNB

Did you buy your device through an official channel?

#Ledger #็กฌไปถ้’ฑๅŒ… #้˜ฒ้ช— #ๅŠ ๅฏ†่ดงๅธ #Security
ยท
--
๐Ÿ”“ A real Ledger, a real boxโ€ฆ and your 24 words still end up with a thief. Itโ€™s not the wallet that was hacked: itโ€™s the route between the factory and you. ๐Ÿ“Œ The facts (Ledger, Oct. 13โ€“15, 2026) โ€ข Criminals bought genuine Ledgers, opened them, and hid a tiny chip inside โ€ข They were resold through distributors, including CryptoBilis (Malaysia) โ€ข During setup, the chip reads the 24 recovery words displayed on the screen and sends them over a mobile network (eSIM) โ€ข Wallets were drained on Oct. 9; losses topped $86M according to analysts (Straits Times), a figure Ledger has not confirmed โ€ข Sales suspended in Southeast Asia and Hong Kong; MediaMarkt removes Ledger from its shelves in Europe ๐Ÿง  How it works Ledgerโ€™s secure chip and software werenโ€™t cracked. The implant is beside them: it simply copies what you see. So authenticity checks still pass. Whoever has your 24 words has your funds. โš–๏ธ The nuance โ€ข Ledger says its servers and direct sales are secure โ€ข All confirmed losses came from CryptoBilis devices โ€ข Trezor is also reducing its distributors (contracts end on Jan. 1, 2027) ๐Ÿ‘ค Fatou, in Dakar, found a โ€œnewโ€ Ledger for less in a Facebook group. She wanted to store her $BTC and her USDT on it. The low price is exactly the trap: she doesnโ€™t know who opened the box before her. โœ… Buy from the manufacturer or an authorized reseller. Never buy secondhand, and never use a recovery phrase thatโ€™s already been written down. In doubt? New device, new phrase. Where did you buy your wallet? ๐Ÿ‘‡ Not financial advice. DYOR. Sources: Ledger, The Block, BleepingComputer, Straits Times. #Crypto #Sรฉcuritรฉ #Ledger #Africa
๐Ÿ”“ A real Ledger, a real boxโ€ฆ and your 24 words still end up with a thief. Itโ€™s not the wallet that was hacked: itโ€™s the route between the factory and you.

๐Ÿ“Œ The facts (Ledger, Oct. 13โ€“15, 2026)
โ€ข Criminals bought genuine Ledgers, opened them, and hid a tiny chip inside
โ€ข They were resold through distributors, including CryptoBilis (Malaysia)
โ€ข During setup, the chip reads the 24 recovery words displayed on the screen and sends them over a mobile network (eSIM)
โ€ข Wallets were drained on Oct. 9; losses topped $86M according to analysts (Straits Times), a figure Ledger has not confirmed
โ€ข Sales suspended in Southeast Asia and Hong Kong; MediaMarkt removes Ledger from its shelves in Europe

๐Ÿง  How it works
Ledgerโ€™s secure chip and software werenโ€™t cracked. The implant is beside them: it simply copies what you see. So authenticity checks still pass. Whoever has your 24 words has your funds.

โš–๏ธ The nuance
โ€ข Ledger says its servers and direct sales are secure
โ€ข All confirmed losses came from CryptoBilis devices
โ€ข Trezor is also reducing its distributors (contracts end on Jan. 1, 2027)

๐Ÿ‘ค Fatou, in Dakar, found a โ€œnewโ€ Ledger for less in a Facebook group. She wanted to store her $BTC and her USDT on it. The low price is exactly the trap: she doesnโ€™t know who opened the box before her.

โœ… Buy from the manufacturer or an authorized reseller. Never buy secondhand, and never use a recovery phrase thatโ€™s already been written down. In doubt? New device, new phrase.

Where did you buy your wallet? ๐Ÿ‘‡

Not financial advice. DYOR.
Sources: Ledger, The Block, BleepingComputer, Straits Times.

#Crypto #Sรฉcuritรฉ #Ledger #Africa
The Mt. Gox guy has finally spoken upโ€”Karpelรจs claims Ledger knew back in March about a sophisticated spy implant, and he tore into their response, calling it โ€œa level-five fire alarm thatโ€™s actively on fireโ€ ๐Ÿ”ฅ Enjoy the drama all you want, but this hardware wallet trust crisis is no joke. Veteran crypto folks know how Mt. Gox went down. When it comes to security, donโ€™t pretend everythingโ€™s fine if youโ€™re missing either audits or transparency. $BTC #Ledger #MtGox
The Mt. Gox guy has finally spoken upโ€”Karpelรจs claims Ledger knew back in March about a sophisticated spy implant, and he tore into their response, calling it โ€œa level-five fire alarm thatโ€™s actively on fireโ€ ๐Ÿ”ฅ

Enjoy the drama all you want, but this hardware wallet trust crisis is no joke. Veteran crypto folks know how Mt. Gox went down. When it comes to security, donโ€™t pretend everythingโ€™s fine if youโ€™re missing either audits or transparency.

$BTC #Ledger #MtGox
๐Ÿšจ YOUR CRYPTO WALLET CAN BE GENUINE โ€” AND STILL BE COMPROMISED! Ledger has confirmed a sophisticated attack involving genuine hardware wallets secretly modified with hidden components. Reports estimate approximately $90M in stolen crypto, although Ledger has not confirmed a final total. The attackers didn't need to break the blockchain. They targeted the recovery phrases during wallet setup. ๐Ÿ›ก๏ธ 3 LESSONS: 1๏ธโƒฃ Buy hardware wallets through trusted channels and verify the seller. 2๏ธโƒฃ Never share or type your recovery phrase into websites or messages. 3๏ธโƒฃ If your device may be compromised, follow official security guidance and move funds to a newly secured wallet with a new recovery phrase. ๐Ÿ•Œ MUSLIM INVESTOR REMINDER: Protecting entrusted wealth matters. Researching investments is important, but securing the assets you already own deserves equal attention. ๐Ÿ“Œ SAVE this security checklist. ๐Ÿ’ฌ Did you know a genuine hardware wallet could be physically modified before reaching its buyer? #CryptoSecurity #Ledger #CryptoEducation #HalalCryptoGuide
๐Ÿšจ YOUR CRYPTO WALLET CAN BE GENUINE โ€” AND STILL BE COMPROMISED!

Ledger has confirmed a sophisticated attack involving genuine hardware wallets secretly modified with hidden components.

Reports estimate approximately $90M in stolen crypto, although Ledger has not confirmed a final total.

The attackers didn't need to break the blockchain. They targeted the recovery phrases during wallet setup.

๐Ÿ›ก๏ธ 3 LESSONS:

1๏ธโƒฃ Buy hardware wallets through trusted channels and verify the seller.
2๏ธโƒฃ Never share or type your recovery phrase into websites or messages.
3๏ธโƒฃ If your device may be compromised, follow official security guidance and move funds to a newly secured wallet with a new recovery phrase.

๐Ÿ•Œ MUSLIM INVESTOR REMINDER:

Protecting entrusted wealth matters. Researching investments is important, but securing the assets you already own deserves equal attention.

๐Ÿ“Œ SAVE this security checklist.

๐Ÿ’ฌ Did you know a genuine hardware wallet could be physically modified before reaching its buyer?

#CryptoSecurity #Ledger #CryptoEducation #HalalCryptoGuide
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number