Cryptocurrency13 Oct 2026SEO 801 min read

Analysis: Ledger says 'spy' chip inside CryptoBilis Ledger devices transmitted wallet key…

The hardware-wallet maker gave its first public account of how a covert component in devices sold by CryptoBilis could steal users’ master keys without changin…

The hardware-wallet maker gave its first public account of how a covert component in devices sold by CryptoBilis could steal users’ master keys without changing Ledger’s software. Ledger said a covert implant in some hardware wallets sold by CryptoBilis captured users’ recovery phrases from device screens and transmitted them to attackers over an LTE mobile network. Ledger described the thefts as a physical supply-chain attack that did not compromise its software, internal systems, secure eleme…

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