Ledger spyware scare spreads beyond Southeast Asia

More examples of Ledger wallets being tampered with and fitted with physical spyware have allegedly been identified across Asia, Europe, and South America. Ledger users who bought hardware wallets from Malaysia-based reseller CryptoBilis were drained of over $86 million last week. Former Mt. Gox CEO Mark Karpelès discovered that spyware implanted in some Ledger devices was being used to read their screen output. It could record any seed phrase while remaining undetected by Ledger’s Genuine Check security protocol. Ledger confirmed yesterday that the incident on October 9 affected a “limited” number of devices sold by CryptoBilis.