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Ledger confirms spy chip implant behind crypto wallet thefts

Original: Ledger confirms spy chip implant behind wallet crypto thefts

Hardware wallet maker Ledger has confirmed that a covert implant, described as a spy chip, was used to steal cryptocurrency from users' wallets. The company acknowledged the hardware-level compromise behind a series of thefts affecting its devices. The admission has raised alarm across the crypto community about supply chain security and whether hardware wallets can be trusted to protect private keys at all.

Why now: Ledger's confirmation of a hardware-level spy implant directly undermines trust in hardware wallets, prompting widespread concern among cryptocurrency users.

Ledger

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