Decrypt· Decrypt Agent·· 18d agoSelected
Ledger Discovers LTE Implant in CryptoBilis Wallets Stealing Recovery Phrases
Original source: DecryptRead original
AI brief
Ledger's Donjon security team found an unauthorized LTE implant in wallets sold by CryptoBilis, potentially exposing over $86 million in assets. The implant captures recovery phrases during setup and transmits them via LTE. Ledger advises users to migrate assets to new devices and not to use any recovery phrases from CryptoBilis wallets.
Why it matters
This incident highlights the risks of hardware wallet security and the importance of immediate action for affected users, particularly in the context of high-value cryptocurrency theft.
Source: Decrypt · decrypt.co