The Ledger That Passed Every Check and Still Leaked Its 24 Words

Fri, 16 Oct 2026 20:05:00 +0800

In early October, people who had bought Ledger hardware wallets from a Southeast Asian reseller called CryptoBilis woke up to empty wallets. Someone had hidden a tiny extra circuit board inside the devices, and it quietly sent each owner’s secret words to the thieves.

The draining happened on October 9, 2026. Ledger confirmed the hidden board the next day. By October 12, researchers who follow the money on the blockchain counted roughly a hundred million dollars gone.

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The Ledger That Passed Every Check and Still Leaked Its 24 Words