Singapore police find spying hardware inside Ledger wallets from local shops

Singapore police detected malicious hardware components in some retail-bought Ledger crypto wallets in the city-state. At least two cases have been reported since September 10, involving losses of about S$3.5 million, or ~$2.7 million. SPF says the components could capture recovery phrases and keys The Singapore Police Force pointed out the devices in an advisory on Wednesday. Initial investigations found that some components could be used to capture recovery phrases or private keys. Then unauthorized people could open the wallets and move assets without the owners’ knowledge or consent. The advisory did not name any stores. Police are in contact with Ledger who are probing the cases that have been impacted. Their own investigation continues.

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