DECRYPT · 2026-10-13 16:14 UTC

Trezor Cuts Its Resellers After Ledger Finds Spy Implant in Crypto Wallets

Trezor is ending reseller authorizations effective January 1, 2027 and stopping new stock shipments, citing supply-chain caution and saying there is no evidence its devices were compromised. Ledger's security team confirmed a spy implant in wallets sold by Southeast Asian reseller CryptoBilis that captures recovery phrases via screen reading and sends them over LTE through an eSIM. Onchain investigator Specter traced over $86 million in suspected thefts from the compromised wallets, though Ledger has not verified this figure.

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