Ledger Cracks Down on Tampered Devices in Southeast Asia and Hong Kong
Key Summary
Ledger is halting sales of its hardware wallets in Southeast Asia and Hong Kong amid reports of tampered devices, as the company investigates the source of the tampering and seeks to suspend sales with resellers in six countries. The move comes after reports of stolen crypto linked to devices purchased through a reseller, with users in other regions also reporting suspected tampering in devices purchased from retailers. Ledger has confirmed that its infrastructure, systems, and services have not been compromised, but the company is taking a proactive step to ensure the security of its devices.
Background
Ledger has requested that sellers and distributors of its devices in six Southeast Asian countries and Hong Kong suspend sales and remove its hardware wallets from shelves as it investigates reports of tampered devices.
Investigation
The investigation became public on Oct. 9 after reports of stolen crypto linked to devices purchased through a reseller. Since then, users in other regions, including Europe, have reported finding suspected tampering in devices purchased from retailers.
Implications
The wider sales suspension request expands on Ledger’s earlier request for reseller CryptoBilis to stop sales and shipments. The company has confirmed that its infrastructure, systems, and services have not been compromised, but the company is taking a proactive step to ensure the security of its devices.
Impact
The move is a significant development in the crypto industry, with potential implications for other companies and resellers. Ledger’s request for sellers and distributors to suspend sales and remove its hardware wallets from shelves is a proactive step to ensure the security of its devices.
Key Takeaways
Ledger has requested that sellers and distributors of its devices in six Southeast Asian countries and Hong Kong suspend sales and remove its hardware wallets from shelves.\ The investigation is ongoing to determine who tampered with these devices and where in the distribution chain it happened.\ Ledger has confirmed that its infrastructure, systems, and services have not been compromised.\ The wider sales suspension request expands on Ledger’s earlier request for reseller CryptoBilis to stop sales and shipments.\ * The move is a significant development in the crypto industry, with potential implications for other companies and resellers.