BeInCrypto • October 10th 2026, 10:55 AM
Hidden Spy Chip Found Inside a Sealed Ledger Wallet
Key Summary
A former Mt. Gox chief has revealed that Ledger hardware wallets may contain hidden spy chips designed to steal passwords and crypto. The chips, reportedly found in a sealed wallet, were hidden behind the screen and could transmit a wallet's recovery phrase, allowing for remote access. Ledger has investigated reports of emptied wallets and asked a Malaysian reseller to stop selling its devices.
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Ledger Wallets Found to Have Hidden Spy Chip
Investigation Reveals Hidden Spy Chip
Ledger's security check may not detect every physical alteration around the chip, leaving room for tampering.Ledger's Response
Ledger has asked a Malaysian reseller to stop selling and shipping its devices following reports of emptied wallets.Losses and Responsibility
One victim reportedly lost 80 Bitcoin, with estimated losses ranging from $86 million to $92.9 million across 311 wallets.Buyer Beware
Buying a hardware wallet from a middleman means trusting a stranger with the device that guards it.#Bitcoin#US#Crypto#SEC#Malaysia