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Ledger wallet implant exposes a gap in its authenticity check

Mobile phone with Payoneer app on screen next to laptop displaying online shopping site.
Illustrative photo.Photo by Julio Lopez on Pexels

What happened

Ledger has confirmed an unauthorized hardware implant in one affected customer's wallet as independent investigators estimate $93.2 million in suspected cryptocurrency thefts. It added that CryptoBilis, an authorized reseller operating in Southeast Asia, […] The post Ledger wallet implant exposes a gap in its authenticity check appeared first on CryptoSlate .

It added that CryptoBilis, an authorized reseller operating in Southeast Asia, had suspended sales of all hardware wallet inventory pending the investigation's conclusion. The investigation began after customers reported losing cryptocurrency after buying Ledger devices from the reseller. 10 statement, the hardware wallet manufacturer said the discovery involved a device belonging to one of the affected users.

Sources & evidence