Ledger Confirms Spy Implant in Crypto Wallets

Ledger confirmed that hardware implants compromised devices sold through Southeast Asian reseller CryptoBilis, draining user cryptocurrency wallets. The company launched an investigation on October 9 and confirmed tampering on at least one device the next day. Researchers found malicious circuits replacing batteries or fitting under displays, using LTE connections to steal seed phrases from affected Ledger Nano X units.