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( Photo Source: Mark Karpelès (@MagicalTux) / X)

Recent reports of stolen crypto assets involving some Ledger users have raised concerns about hardware wallet supply chain security.

According to public reports, Ledger is investigating losses reported by users who purchased devices through CryptoBilis, a reseller in Southeast Asia. Ledger has also requested that the reseller temporarily suspend sales and shipments while the investigation continues.

The full attack method, scope of impact, and responsibility have yet to be conclusively established.

The incident highlights an important security consideration: Protecting private keys inside a secure chip is essential, but hardware wallet security must also account for the possibility of physical tampering before a device reaches its owner.

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