Trezor Cuts Ties With Resellers After Major Ledger Security Scare

Following the highly publicized and large-scale security breach at competitor Ledger, which reportedly caused tens of millions of dollars in cryptocurrency losses, the manufacturer of the Trezor hardware wallet is significantly cutting back on its authorized reseller network. In a letter to partners, Trezor chief commercial officer Danny Sanders revealed that the company would revoke the authorization for the affected resellers on Jan. 1, 2027, in an effort to take greater control of the supply chain. This announcement came in the wake of findings of malicious hardware implants within Ledger devices sold through third-party resellers.