Company Update
Ledger confirms compromised hardware wallets with LTE implant
Ledger disclosed that devices sold by Southeast Asian reseller CryptoBilis were tampered with, containing an unauthorized component that could capture recovery phrases and transmit them via LTE. Ledger assured its Secure Elements remain intact, halted sales through European reseller MediaMarkt Saturn, and is reviewing reports of a modified device in Germany. Other manufacturers like Trezor denied any compromise and reduced their reseller networks as a precaution.