Ledger CEO Takes Charge as CryptoBilis Ledger Wallet Tampering Probe Continues

Key Insights: Ledger Hack News: CEO Pascal Gauthier leads the CryptoBilis wallet tampering investigation. Ledger confirms a hardware implant transmitted 24-word recovery phrases via LTE. CryptoBilis halts Ledger wallet sales as reported $86M losses remain unverified. Ledger wallet hack prompted CEO Pascal Gauthier to lead an investigation into devices sold by Southeast Asian reseller CryptoBilis. The company is examining unauthorized hardware implants after customers reported missing cryptocurrency funds on October 9. Gauthier said his executive team is directing resources toward identifying those responsible and determining where the devices were altered.

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