UPDATED TUE 13 OCT · 14:36 UTCLIVE
SecurityHigh

Ledger Hardware Wallet Security Crisis: Implants Found, Resellers Cut Ties

Europe's largest electronics retailer MediaMarkt halted all Ledger hardware wallet sales across up to 11 countries after an implant was found in a customer's device in Germany. Hardware wallet firm OneKey simultaneously cut ties with reseller CryptoBilis amid related concerns, offering free replacements to eligible buyers.

What we know

An account on X warned users to move crypto off Ledger devices, citing another account on X's breaking report that MediaMarkt — Europe's largest electronics retailer — stopped all Ledger hardware wallet sales following a tamper implant found in one German customer's device, with possibly 11 countries affected. Meanwhile, @TheBlockCo reported that OneKey has cut ties with reseller CryptoBilis, frozen new reseller approvals, and is offering free replacements to eligible buyers; OneKey says it has received no reports of losses from its own customers. This coincides with discussion of a UK-based crypto holder being robbed at knifepoint for $800k, cited by multiple accounts as a reminder of the physical security risks of public crypto holdings. Alistair Milne also highlighted France's new mandatory declaration policy for €100k+ self-custody BTC holders as creating similar physical security risks.

How the story developed

13 Oct · 14:36 UTC

Europe's largest electronics retailer MediaMarkt halted all Ledger hardware wallet sales across up to 11 countries after an implant was found in a customer's device in Germany. Hardware wallet firm OneKey simultaneously cut ties with reseller CryptoBilis amid related concerns, offering free replacements to eligible buyers.

11 Oct · 18:33 UTC

A viral French-language post claims a Ledger can pass all authenticity tests while secretly transmitting your 24-word seed phrase over mobile — prompting the author to publicly abandon hardware wallets entirely.

Sources

@TheBlockCo

“Hardware wallet maker OneKey has cut ties with CryptoBilis, frozen new reseller approvals, and offered free replacements to eligible buyers after reports of tampered Ledger wallets”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.