Security· ★★★★· bearish·

Ledger reseller compromise may extend to Europe, analyst warns

  • —Ledger confirmed an unauthorized implant in a device sold by CryptoBilis
  • —The implant behind the screen intercepts the 24-word seed and sends it via 4G and eSIM
  • —Analysts estimate losses at $86–93 million; Ledger has not confirmed the figure
  • —A user reported finding a second modified Ledger at another MediaMarkt store on October 12
Why it matters: Buyers of Ledger wallets from third-party resellers should verify devices and move funds to a new wallet with a fresh seed phrase.
Source: Cryptoast
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