Trezor cuts reseller network by 80% after finding more spy implants

Crypto wallet firm Trezor has cut its reseller network by 80% following the discovery of more spy implants in devices sold by Malaysian vendor CryptoBilis. Trezor’s latest update on the spyware incident revealed it has implemented stricter rules for vendors in order to protect its supply chain. However, only 20% of vendors were able to abide by the new rules that focus on “how devices are sourced, stored and who has access to them.” Trezor stressed, however, that the dropped resellers “were trustworthy and posed no immediate threat.” Trezor says its new update renders spy implants useless Trezor also claims to have released an update on November 11 that stops the implants recording data and renders them “useless.” A spokesperson for the company told Protos, “The implant listens to the…

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Protos.