Tampered Ledger Wallets Sold in Singapore Stores Cost Buyers About S$3.5 Million
Singapore police say two buyers of Ledger hardware wallets from local shops lost about S$3.5 million to devices fitted with malicious components. Ledger has paused sales across Southeast Asia.
Two people in Singapore lost about S$3.5 million in cryptocurrency after buying Ledger hardware wallets that had been tampered with, The Straits Times reported, citing a Singapore Police Force statement of 28 October.
What was wrong with the devices
Police said the wallets had been fitted with malicious hardware components able to capture the recovery phrase or private keys, and that they were bought from "certain retail stores in Singapore". Ledger is reviewing the cases with police.
Sales paused across the region
Ledger has paused sales in Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam and Hong Kong.
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