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Tampered Ledger reported in Singapore a month before news broke: Asia Express

Singapore police say tampered Ledgers started showing up there on September 10. South Korean lawmakers look set to delay the crypto tax law for a fourth time.

Tampered Ledger reported in Singapore a month before news broke: Asia Express

Singapore police reported on September 10 that tampered Ledger hardware wallets were starting to appear in the country. Two cases of tampered Ledger hardware wallets have been confirmed since then, with a total loss of about 3.5 million Singapore dollars ($2.7 million). This incident occurred almost a month before the wider issue was reported on October 28.

The October 28 advisory suggested the police investigation was still at the preliminary stages. Ledger issued an alert on October 9 about tampered Ledgers found in the CryptoBilis supply chain, and almost $100 million was stolen from wallets containing spyware components. Almost a week later, Ledger asked retailers in several countries to suspend sales of Ledger devices as investigations continued.

Singapore police issued a warning about tampered Ledgers three weeks after the story broke. South Korean lawmakers may delay the country's crypto tax law for a fourth time, potentially pushing it to 2029. The US Treasury Department sanctioned 10 individuals and one entity for supporting North Korean IT worker schemes that funded North Korea's weapons programs.

Hong Kong has named Solana Company a strategic enterprise under its economic development program. Thailand's Supreme Court ruled that Bitcoin qualifies as property under criminal law, potentially influencing how courts handle other cryptocurrencies.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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