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Bitcoin & Crypto DEVELOPING

Ledger confirms spy chip implant behind wallet crypto thefts

UnionPay logo displayed on a smartphone next to a laptop with an online shopping page open.
Illustrative photo.Photo by Julio Lopez on Pexels

What happened

Ledger has confirmed that some of its devices distributed through Southeast Asian reseller CryptoBilis were compromised with a hardware implant that drained users' cryptocurrency wallets.

Sources & evidence