Ledger Investigates Potential Tampering of Crypto Wallets Following Theft Reports

<figure> <img alt="" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/05/STK428_CRYPTO_D.jpg?quality=90&amp;strip=all&amp;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Reports have emerged indicating that users of the Ledger crypto wallet have experienced unauthorized access to their accounts, with losses reportedly amounting to $86 million. This situation appears to be linked to hardware sold by CryptoBillis that may have been tampered with. In response, Ledger has requested that CryptoBillis suspend all sales of its wallets while an investigation is underway. Ledger confirmed that "one of the impacted users' devices contained an unauthorized hardware implant."</p> <p class="wp-block-paragraph">Images and videos shared on social media platforms, including X and Threads, reportedly show a small circuit board located beneath the device's screen. This implant is alleged to intercept information displayed on the screen, including the seed passphrase presented during the initial setup. The device may also utilize an embedded SIM card.</p> <p><a href="https://www.theverge.com/tech/1009294/ledger-wallet-tampering-suspected-after-reports-of-crypto-thefts">Read the full story at The Verge.</a></p>