Trezor will cut its third-party reseller program by January 2027 in response to the Ledger supply chain attack. This attack, carried out via spy implants hidden in hardware wallets, caused over $100 million in losses, with most victims having purchased the compromised devices from reseller CryptoBillis. Competitor OneKey also announced cutting 95% of its resellers and temporarily suspended shipments to all third-party partners. In under three months, over $200 million has been drained from hardware wallets (Coldcard and Ledger), raising doubts about self-custody security. BitGo has launched a free custody service offering for retail investors to reduce risks.
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