Ledger Confirms Hidden Implant in Hardware Wallet as $93 Million Theft Probe Grows

TLDR Ledger confirmed on Oct. 10 that one affected customer’s device held an unauthorized hardware implant. Estimates of suspected losses range from $72 million to $93.4 million, but Ledger has not verified any figure. Reseller CryptoBilis has stopped selling hardware wallets while the investigation continues. Researchers also found a fake Ledger website in Google search results that asks for recovery phrases. Ledger says it will never ask for a 24-word recovery phrase. Ledger confirmed on Saturday, Oct. 10, that a hardware wallet belonging to one affected customer contained an unauthorized implant.

Source: CoinCentral