Ledger tampered devices steal $103.4M in Asia

AI-generated briefing · First published

Thieves inserted spyware into Ledger hardware wallets sold in Southeast Asia, draining 530 addresses of $103.4 million.

Ledger suspended resellers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong after thieves stole more than $103.4 million from 530 addresses via tampered devices inserted into the supply chain. [1] [2]

One victim was a scammer who lost 60 Bitcoin, about $4.8 million, from three newly purchased Ledgers; the funds were drained into a single wallet. [2]

Sources

  1. Criminals stole $90mn of crypto by hiding password readers in USB-like devices

    FT Markets · · Summary only

  2. Scammer loses $4.8M stored on tampered Ledgers: Asia Express

    Cointelegraph · · Excerpt

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