Ledger asks sellers across Asia to halt sales after supply-chain attack

Ledger is asking resellers and distributors in Southeast Asia and Hong Kong to halt wallet sales and remove products from shelves while it investigates hardware implant incidents.

The company announced the decision in response to discovering that devices purchased from CryptoBilis had been modified to steal seed phrases used to access crypto assets and send them to an unauthorized party over an LTE connection.

Ledger sells physical cryptocurrency wallets that securely store private keys used for managing and authorizing digital asset transactions.

Following reports of cryptocurrency losses from multiple users, Ledger launched an investigation on October 9 and confirmed that some devices sold by CryptoBilis had been tampered with.

Yesterday, Ledger’s Donjon security arm shared more details about the hardware implant found inside devices from the reseller , largely confirming earlier reports by Mark Karpelès and Tibane Labs.