Ledger wants customers to trust its new $849 device as criminals compromise existing wallets

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Ledger launched Ledger Atom, an $849 device with physical tamper protection, as the company investigated mass thefts involving modified hardware wallets. Criminals installed malicious components on genuine devices, returned them through Southeast Asian resellers, and then stole customers’ recovery phrases to drain their cryptocurrency. Ledger suspended sales from authorized resellers in the region and requires that returned devices are never resold. According to Chainalysis, one of the largest victims was an alleged scam operator who lost over 60 BTC, worth approximately $4.8 million, accumulated through an online fraud scheme. Ledger Atom deliveries are targeted for 2027.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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