The Singapore Police Force has received at least two reports since September 10, 2026, involving Ledger hardware wallets bought from stores in the country. Malicious components allegedly allowed attackers to steal recovery phrases or private keys and then transfer crypto assets without the victims’ approval. The losses in Singapore are estimated at about $3.5 million, while Ledger is reviewing the reported cases. Separately, products sold in Southeast Asia by reseller CryptoBilis have been linked to more than $100 million in suspected losses across 335 wallets and five blockchains.
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