Security· ★★★★· bearish·

Ledger and Trezor face complaints over hardware wallets with malicious chips

  • —Joe Grand warned Ledger on March 4, 2026 about an implant in a Nano X bought on Lazada Thailand
  • —Karpeles said he knows of at least two reports to Ledger about compromised devices since December 2025
  • —In August 2026 Grand notified Trezor about fake Trezor One and Model T units from TikTok and Facebook
  • —The Ledger crisis surfaced on October 9 after funds went missing from wallets sold by reseller CryptoBilis
Why it matters: The incidents expose supply-chain vulnerabilities in hardware wallets sold through third-party resellers, raising the risk of fund loss for buyers.
Source: CryptoHamster
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