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October 13th 2026, 11:00 AM

Crypto Wallet Security Review After $90 Million Spyware Hack

Crypto Wallet Security Review After $90 Million Spyware Hack

Key Summary

Ledger SAS is reviewing its policies and processes for selling crypto wallets after an estimated $90 million in cryptocurrency was stolen due to spyware in some wallets, prompting a review of crypto wallet sales, amid heightened scrutiny of the chip sector and regulatory concerns

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Background

Crypto hardware maker Ledger SAS is reviewing its policies and processes for how its devices are sold to consumers, after spyware implanted in some wallets led to an estimated $90 million in stolen cryptocurrency.

The incident has raised concerns about the security of crypto wallets and the need for greater transparency and accountability in the sale of these devices.

#Crypto#US#Security#RegulatoryReview

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