Ledger has confirmed an unauthorized hardware implant in an affected device sold through CryptoBilis, a reseller listed by Ledger. How can a hardware wallet pass a Genuine Check while a physical implant spies on its setup? Tonight, Joey and Len examine the reported supply-chain attack, the limits of device verification, and what this does to trust in self-custody. Loss totals remain third-party estimates; the confirmed implant does not establish that every Ledger device is compromised.
Also on the show: Metaplanet’s Bitcoin sell-and-rebuy, the movement of seized Bitfinex coins, Coldcard’s phishing warning, and the week’s Canadian headlines, including public-sector job losses and Ontario’s retroactive OHIP rule change.
What would it take for you to trust a hardware wallet’s supply chain?
Canadian Bitcoiners Podcast
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Ledger’s update: https://x.com/Ledger/status/2109331538072494364
Hardware implant confirmation: https://cointelegraph.com/news/ledger-confirms-unauthorized-hardware-implant-losses-may-exceed-86m
On-chain investigation: https://www.bitquery.io/investigations/ledger-cryptobilis-hack
Genuine Check limits: https://www.ledger.com/academy/topics/ledgersolutions/best-practices-to-securely-buy-ledger-signer
Hardware implant research: https://grandideastudio.com/portfolio/security/ledger-hardware-implant/
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