Ledger pauses Southeast Asian and Hong Kong sales after spy chip theft
Ledger SAS is reviewing its reseller and anti-tampering rules after compromised hardware wallets were used to steal about $90 million in cryptocurrency, prompting a sales halt in Southeast Asia and Hong Kong.
A report says hardware implants in some Ledger devices enabled thieves to siphon roughly $90 million in crypto. In response, the Paris-based hardware wallet maker is reassessing its reseller controls and anti-tampering policies. It has instructed resellers in Southeast Asia and Hong Kong to stop selling the affected units while an investigation continues.
Why it matters
The breach exposes crypto users to large financial losses and raises concerns about supply-chain security for digital-asset hardware.
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