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Ledger spyware scare spreads beyond Southeast Asia
protos.comarticle

Ledger spyware scare spreads beyond Southeast Asia

Protos reports additional alleged Ledger hardware wallets with physical spyware implants, found in devices from a German MediaMarkt reseller, a Philippine LazMall reseller and a Stax model bought from CryptoBilis. Mark Karpelès found that the implants read the device's screen output to capture seed phrases and evade Ledger's Genuine Check. The earlier CryptoBilis-linked incident of Oct 9 drained over $86M. Ledger told resellers to use only authorized channels and never restock returned units, and teardowns have also shown many devices to be clean.

TL;DR Physically implanted spyware in Ledger wallets, which reads screen output to steal seed phrases and passes Genuine Check, is reported beyond the CryptoBilis reseller case, which drained over $86M.

Organisations named here

  • LazMall
  • MediaMarkt
  • seed phrase theft

Technologies named here

  • Ledger Genuine Check
  • Ledger Stax model
  • Ledger

Techniques named here

  • Hardware supply chain tampering
  • Resale of returned/restocked products as a possible channel
  • Hardware implants

Threat actors named here

  • CryptoBilis

Also named here

  • Genuine Check
  • Mark Karpelès