Ledger Finds Hidden Chip in Tampered Hardware Wallets Tied to Crypto Losses

The company says a covert implant was discovered in devices sold through a third-party reseller, amid reports of roughly $92 million to $93 million in stolen funds. Hardware wallet maker Ledger says it has uncovered a hidden chip embedded inside devices sold through an outside reseller. The company identified the seller as CryptoBilis, according to reports describing the findings. The implant was reportedly discovered during an investigation into tampered units that reached customers outside Ledger's official sales channels. Ledger builds devices meant to keep private keys offline and isolated from internet-connected systems.

Source: TheCoinrise