Crypto Wallet-Maker Ledger Confirms Unauthorized Hardware Implant, Says Losses May Exceed $86M

What happened: Ledger confirmed one affected user's device from a Southeast Asian reseller contained an unauthorized hardware implant, and said it is contacting users during its investigation. Key numbers: Specter estimated losses may exceed $86 million across Bitcoin, Ethereum and Tron. Why it matters: Ledger said the incident appeared isolated to the single reseller and its market, and that its infrastructure, systems and services were not compromised. CryptoBilis ceased sales of all hardware wallet inventory until the investigation concludes.

Ledger confirmed one affected user's device from a Southeast Asian reseller contained an unauthorized hardware implant, and said it is contacting users during its investigation.

Ledger said the incident appeared isolated to the single reseller and its market, and that its infrastructure, systems and services were not compromised. CryptoBilis ceased sales of all hardware wallet inventory until the investigation concludes.