Ledger: Singapore Police Warn of Tampered Wallets
CZ Binance flagged a Singapore police advisory stating that some Ledger cryptocurrency hardware wallets sold at local retailers contained malicious hardware implants capable of stealing recovery phrases, with at least two cases since September 10 causing S$3.5 million in losses.
SourceAnalysis
Ledger hardware wallets purchased from Singapore retailers contained malicious hardware implants that can steal recovery phrases or private keys, CZ Binance warned on X. Singapore police reported at least two cases since September 10, resulting in losses of approximately S$3.5 million ($2.7 million), with investigations ongoing and Ledger reviewing the incidents.
CZ_BNB
@cz_binanceFounder and former CEO of Binance, the world's largest cryptocurrency exchange. Shares insights on cryptocurrency adoption, blockchain technology development, and personal perspectives on building in the Web3 space, while navigating regulatory challenges and industry evolution.