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Ledger Reveals New Twist in Crypto Wallet Draining Saga

French firm Ledger has disclosed that it has only identified cases of the Oct. 9 crypto theft involving devices bought from CryptoBilis, an authorized reseller for Southeast Asia. The number of impacted devices is limited, according to Ledger, which did not reveal the precise number. The firm emphasized that the incident did not affect its systems or direct sales. Ledger is collaborating with authorities to determine how the thefts occurred and is contacting affected customers. The new statement comes as reports suggest significant cryptocurrency losses, estimated at over $86 million. This is part of a series of concerning findings related to the ongoing investigation. Ledger previously found an unauthorized hardware implant on one of the compromised customers' devices, leading to fears that some wallets may have been altered before delivery. However, investigators are still determining whether the same changes caused all reported thefts. Following the incident, CryptoBilis halted sales of all hardware wallets. Ledger has strengthened its supply chain security, including its authorized reseller system, and made enhancements to its hardware against physical tampering. The firm has also reminded distributors to source products only from authorized sources and not to resell returned devices. Ledger urged other hardware wallet providers and security researchers to bolster industry security against tampering attacks.

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