Trezor is terminating authorized resellers effective January 1, 2027, tightening its supply chain controls following Ledger’s hardware implant investigation. Ledger’s Donjon security team discovered an unauthorized component capable of capturing 24-word recovery phrases and transmitting them via LTE connection. The probe began after an implant was found in a wallet sold by CryptoBilis, an official reseller in Southeast Asia, with similar cases subsequently reported in Germany and Singapore. Independent analysts have linked suspected losses approaching $93 million to this incident, although Ledger has not confirmed the total value stolen or the number of affected customers.
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