Ledger confirms unauthorized hardware implant, says losses may exceed $86M

Ledger said the incident appeared to be isolated to a single reseller and its Southeast Asian market.

Hardware wallet maker Ledger, which has been investigating reports of crypto losses involving its devices purchased from a Southeast Asian reseller, confirmed that one of the affected users’ devices contained an unauthorized hardware implant.

Ledger said in a Saturday post on X that it was contacting users as part of its ongoing investigation into the losses, which investigator Specter estimated may exceed $86 million across Bitcoin, Ethereum and Tron.

Ledger asked that individuals who have information regarding the investigation to contact its bounty program at [email protected].

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