Changpeng Zhao, co-founder of Binance, has stated that all hardware wallets should eventually ship with transparent cases to allow users to spot signs of tampering. His comment came days after reports emerged of a suspected supply-chain attack involving Ledger devices sold by a single reseller based in Southeast Asia, CryptoBilis. The reported losses tied to this incident amount to approximately $86 million, primarily in Bitcoin, Ethereum, and TRON. Ledger has confirmed an investigation is underway and characterized the issue as likely isolated to one vendor. CZ described the incident as isolated and reaffirmed his support for hardware wallets and self-custody, mentioning YZi Labs investments in products including OneKey, SafePal, and Trust Wallet.
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