Ledger supply chain attack expands to Europe, over $100 million stolen

Ledger, a leading manufacturer of cryptocurrency hardware wallets, is facing a major security incident as reports reveal its supply chain hack has spread from Southeast Asia to European retailers. Crypto analyst Fto (known as @ftosol) alerted the community, warning XRP holders and other crypto users that devices with embedded LTE-enabled spy chips, originally discovered in Malaysia, have surfaced on store shelves in Europe. The breach originated with CryptoBilis, a Ledger-authorized reseller operating in Malaysia, Indonesia, and the Philippines. Hackers physically tampered with Ledger Nano X hardware wallets before delivery, installing a concealed secondary circuit board beneath the device’s screen.