Sam Price Warns of Hardware Wallet Security Risks

According to Twitter user Sam Price, Ledger has confirmed the discovery of unauthorized hardware implants in at least one device sold through the Southeast Asian distributor CryptoBilis. On-chain estimated losses are around $86 million to $93 million, involving hundreds of wallets. Some funds have begun to flow to Tornado Cash. It is recommended to purchase hardware wallets directly from the manufacturer to avoid buying through third-party channels.

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