Ledger has requested resellers and distributors in seven Asian markets, including Southeast Asia and Hong Kong, to suspend sales and remove its hardware wallets from shelves. This action, announced via tweet on Tuesday, is part of an ongoing investigation into devices fitted with hidden implants.
The affected markets are Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong. Onchain investigator Specter has traced over $86 million in suspected thefts, though Ledger has not verified this figure. The company stated that all confirmed losses involve devices sold through CryptoBilis, a reseller in the region.
Separately, European electronics chain MediaMarkt Saturn also halted Ledger sales on Tuesday after a customer in Germany reported finding an implant. Rival hardware wallet maker Trezor announced it would terminate reseller authorizations by January 1, 2027, as a precautionary measure, with no evidence of its own devices being compromised.
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Ledger Asks Asian Resellers to Pull Devices Amid $86M Drain Probe
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