Ledger announced it will tighten the rules governing its hardware‑wallet resellers following a series of attacks in which hidden chips were implanted in the devices to capture users’ recovery phrases.
The policy shift comes after investigators identified the malicious chips as a method to exfiltrate the secret seed phrases that grant full control over crypto holdings, prompting Ledger to suspend all hardware‑wallet sales across Asia while the new reseller framework is finalized.
By restricting sales to vetted partners and pausing distribution in a key regional market, Ledger aims to restore confidence in its supply chain and mitigate the risk of further supply‑chain compromises.
The move underscores the broader vulnerability of hardware‑wallet ecosystems to physical tampering and may push users toward alternative custody solutions or heightened due‑diligence when purchasing devices.
Market participants will likely monitor Ledger’s rollout of the revised reseller criteria and any subsequent statements on remediation timelines, as well as any emerging guidance from other hardware‑wallet manufacturers on supply‑chain integrity.
This story was compiled by the Tradexus News Desk with the help of AI.
