Ledger Confirms Unauthorized Hardware Implant in Affected User's Device

PANews, October 11 - Ledger Support posted on X platform that it has confirmed an unauthorized hardware implant in an affected user's device, and is currently contacting the affected user while cooperating with relevant law enforcement agencies and SEAL 911 in the investigation. Southeast Asian distributor CryptoBilis has confirmed it has suspended sales of all hardware wallet inventory until the investigation concludes. Ledger stated there is currently no indication that its security infrastructure, systems, or services have been compromised, and advised users who purchased devices from this distributor not to proceed with initialization setup. Earlier, analysts stated that losses from theft related to CryptoBilis users may exceed $86 million.