The Ledger implants were subsequently used to steal $100 million in crypto from the owners of devices that were compromised.
UnverifiedPoints record evidence work. They are non-transferable, cannot be spent, and are not a payment.
Context
But this isn't exactly true. Famed hardware hacker Joe Grand found implants in two Trezor wallets recently and notified the company about them in August. I didn't include this in my Ledger story because the circumstances were different from the Ledger incidents. The Ledger implants became news because the implants were 1) sold in devices distributed by authorized resellers of Ledger devices and 2) the implants were subsequently used to steal $100 million in crypto from the owners of devices that were compromised.
Evidence so far
- www.gate.com
Ledger's Donjon security team says the implant captures 24-word recovery phrases from wallet screens and transmits them over LTE networks, while onchain investigator Specter traced more than $86 million in suspected thefts linked to the compromised devices.
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