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Ledger wallet tampering suspected after reports of crypto thefts

·The Verge
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Ledger wallet tampering suspected after reports of crypto thefts

EDITOR BRIEF

Ledger is investigating reports that some users’ wallets were drained after buying devices from CryptoBillis, and has asked the seller to pause sales. The company confirmed that one affected device contained an unauthorized hardware implant, which reportedly could capture seed phrases displayed during setup.

INSIGHTS

The case highlights the growing risk of supply chain attacks in crypto hardware, where physical tampering can undermine even offline security tools. It may push wallet makers and resellers toward stricter authentication, packaging checks, and direct-sales channels to rebuild trust.

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