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Markets

Trezor Cuts Resellers After Ledger Finds Seed-Stealing Implant

Ledger says hardware wallets sold by Southeast Asian reseller CryptoBilis contained a hidden component built to steal their owners’ recovery phrases. The findings come from Ledger’s Donjon se

AnonymousCryptoCompass newsroom
October 14, 2026
1 min read
NEWS
Trezor Cuts Resellers After Ledger Finds Seed-Stealing Implant
CryptoCompass editorial visual for markets coverage.

Ledger says hardware wallets sold by Southeast Asian reseller CryptoBilis contained a hidden component built to steal their owners’ recovery phrases.

The findings come from Ledger’s Donjon security team. The implant reads the device screen and decodes the recovery phrase when it is displayed during setup. It then sends the words out over LTE mobile data using an eSIM built into the hardware.

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