Binance founder CZ issued a warning that Ledger hardware wallets might be susceptible to supply chain attacks, especially for users who purchased devices recently. He stated that current information suggests the attack is confined to a specific vendor, and a small number of users might have acquired counterfeit or tampered Ledger devices. CZ emphasized that Ledger is one of the most secure and long-standing hardware wallets in the industry, but such incidents can still occur. He called on all BNB ecosystem participants and the entire industry to assist in tracking and recovering lost funds.

Previously, the official Ledger Support account posted that it was investigating reports of lost funds from Southeast Asian users who purchased products through the reseller CryptoBillis. As a precautionary measure, Ledger has requested CryptoBillis to suspend all sales and shipments. Ledger advised users who purchased products from this reseller within the past 90 days not to set up their devices if they haven't already; if they have, they should consider transferring assets to a new Ledger device with a new seed phrase.