People are being robbed of crypto by a tiny chip implanted in their hardware, with $100 million said to have been stolen already
Investigation of the "draining incident of Oct 9th" is ongoing.
A hardware wallet maker, Ledger, has fallen prey to a supply chain attack that has resulted in the theft of up to $100 million. The attack involved the implantation of unauthorized hardware in some of Ledger's devices, which were sold through a Southeast Asia reseller named CryptoBilis. The company has confirmed that devices sold via CryptoBilis contain the unauthorized implant.
Ledger is working with authorities to bring the perpetrators to justice and has urged users to be cautious when purchasing hardware wallets, especially from unauthorized resellers. The incident highlights the risks of supply chain attacks and the importance of securing one's cryptocurrency.
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