Writer: Brett Stelmaszek
Editor: Catlin Stevenson
Music by: @UFD-Music
They somehow bugged people’s wallets and it’s cost folks over a hundred million dollars at this point.
Ledger, the company that makes hardware crypto wallets, has apparently been hit with a massive physical attack that resulted in real-life bugs being implanted into the devices and grabbing people’s passphrases so that they could access all their crypto cash.
At first, it seemed like this was only happening in certain countries in Southeast Asia, looking like maybe a distributor there was injecting the exploit, but as people have grown aware of this, there’s been indication that Ledger wallets in Europe are also vulnerable to this.
A lot of people are wondering how such a massive attack could happen on this big of a scale, and are questioning the company’s ability to validate their supply chain since it doesn’t look to be safe at the moment.