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EVENT / TOPICHistorical

Ledger Demands Pull‑Down of Hardware Wallets in Southeast Asia and Hong Kong Amid $86M Leak Allegations

1 reports1 sources10/14/2026 updated

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AI overview

Ledger has requested that resellers in seven Southeast Asian markets and Hong Kong remove and suspend sales of its hardware wallets after suspicions that a hidden chip may have been embedded in the devices. The company confirmed that the issue is limited to the Southeast Asian region and has not verified any large‑scale overseas leakage of devices. A German media outlet temporarily halted sales following the request and reported no loss of customer funds. On‑chain investigations have traced more than $86 million in suspected outflows, but Ledger has not yet confirmed the figure. The company’s action reflects its concern over potential security vulnerabilities, while the lack of confirmed financial damage suggests the impact may be limited to the devices themselves rather than the users’ assets.

Written with AI from the reporting · updated 10/14/2026

Latest developmentOct 14, 21:47
Ledger Asks Resellers in Seven Asian Markets to Halt Sales Amid Suspected $86M Drain
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  1. 1Unclassified fact stationOct 13, 00:00recorded Oct 14, 22:04single sourcerevised

    Ledger要求东南亚及香港地区经销商下架设备

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    Evidence & revisions · 1 source records
    Subject：
    Ledger
    Action：
    要求经销商暂停销售并下架设备
    Object：
    硬件钱包设备
    Occurred (fact side)：
    Oct 13, 00:00
    Decrypt ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Oct 14, 21:47
    First seen (known side)：
    Oct 14, 22:04
    Fact stationSingle source · one-sided claimRevised

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Oct 14
  1. DecryptRelated fact: single sourceSource report revised
    Ledger Asks Resellers in Seven Asian Markets to Halt Sales Amid Suspected $86M Drain

    Report first recorded Oct 14, 22:04

    Ledger has instructed resellers and distributors in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong to suspend sales of its hardware wallets while investigating tampered devices fitted with a hidden implant. Ledger confirmed that the only verified incidents are in Southeast Asia, and has not verified a drain linked to devices bought elsewhere. The implant reportedly reads the 24-word recovery phrase during setup via LTE, allowing anyone with the phrase to move funds. Onchain investigator Specter has traced over $86 million in suspected thefts, though Ledger has not verified this figure. Separately, MediaMarkt Saturn stopped selling Ledger devices in Germany after a customer reported an implant, but no funds were lost.

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