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EQUIPThe Verge · 1h ago

Ledger wallet tampering suspected after reports of crypto thefts

Executive Brief

The 30-second read

Ledger is investigating reports of account thefts linked to tampered hardware sold by third-party distributor CryptoBillis. Executives should suspend use of new devices from this vendor until the investigation concludes and security protocols are verified.

  • 01Ledger requested an immediate sales halt for all products sold through distributor CryptoBillis
  • 02Internal investigations confirmed physical tampering on at least one compromised user device
  • 03Security breach reports indicate multiple users experienced total drainage of cryptocurrency accounts
  • 04Affected hardware appears limited to units distributed by the specific third-party vendor

AI-generated summary · Verify at source

Reports have been mounting that users of the Ledger crypto wallet have seen their accounts drained, and it appears to be related to tampered hardware sold by CryptoBillis. Ledger has asked CryptoBillis to pause all sales of its wallets while it conducts an investigation. Ledger has confirmed that "one of the impacted users' devices contained […]