Ledger orders a total sales freeze across 7 Asian markets as teardowns confirm tampered Flex wallets with LTE spy implants sold at Singapore airport & retail stores.
Ledger confirmed all verified wallet compromises trace to reseller CryptoBilis as unverified reports of tampered hardware emerge in European markets.
Corporate records show authorized hardware reseller CryptoBilis changed ownership months before a supply chain attack drained millions in user crypto.
Ledger requested distributor CryptoBilis to halt sales and shipments while investigating reports of missing funds from hardware wallet users in Southeast Asia.
Following the breach, reports have emerged of targeted phishing campaigns aiming to compromise user funds.
On January 21, David Balland and his wife were kidnapped from their home, with the perpetrators demanding a ransom of 100 BTC (~$10 million). Balland’s severed finger was sent as proof to co-founder Éric Larchevêque.
The partnership also intends to establish a reliable staking infrastructure by combining Blockdaemon’s experience in blockchain infrastructure management with Ledger Enterprise’s security solutions.
Discover the latest controversy surrounding Ledger, as they face community backlash for their new service, Ledger Recover.
The integration allows Trust Wallet users to access web3 and manage digital assets safely, with the functionality of a cold storage wallet.
Also, Forbes sold an NFT of its magazine cover featuring the Winklevoss Twins, while Chinese App Meitu bought more Bitcoin.
