Ledger Confirms LTE Spy Implants In CryptoBilis Wallets As Tampering Reports Reach Europe

Ledger has confirmed that hardware wallets sold through Southeast Asian reseller CryptoBilis contained hidden implants that captured recovery phrases and sent them over LTE. Onchain analysts estimate losses between 86 million USD and about 102 million USD across more than 300 wallets. New reports now point to modified devices bought at MediaMarkt stores in Europe, which Ledger has not yet confirmed. Here is what is known so far and what wallet owners should do.