Reports have been mounting that users of the Ledger crypto wallet have seen their accounts drained, and suspicion is that it's related to reseller CryptoBillis and a bit of spy hardware. Ledger has asked CryptoBillis to pause all sales of its wallets while it conducts an investigation.
Photos and videos posted on X and Threads appear to show a small circuit board sandwiched under the screen. The implant allegedly intercepts anything displayed on the screen, including the seed passphrase shown during the initial setup. Using an embedded SIM card, the implant then sends that information back to the attacker, who can then siphon funds from use …
