Spy chips have been discovered in Ledger hardware wallets, capable of intercepting the 24-word recovery phrase via a 4G modem and eSIM. Following the confirmed compromise of CryptoBilis in Southeast Asia, two modified devices have been reported at MediaMarkt in Germany. Ledger maintains that all confirmed thefts involve devices sold by CryptoBilis, but suspicions are extending to other European resellers including Fnac-Darty, Boulanger, Saturn, and MediaMarkt Switzerland through distributor Aqipa GmbH. Analysts estimate stolen funds between 86 and 93 million dollars, without official confirmation from Ledger. The company announced enhanced controls over its distribution chain and recommends affected users transfer their funds to a secure device.
Source: Read the original article
