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Ledger Hardware Wallet Supply Chain Attack stories

Oct 28, 2026

Tampered Ledger hardware wallets cost Singapore users $2.7 million

Singapore police reported at least two cases since September 10 involving tampered Ledger cryptocurrency hardware wallets sold at local retailers, resulting in combined losses of approximately S$3.5 million ($2.7 million USD). The incidents were reported nearly a month before Ledger issued a public alert on October 9.

Oct 28, 2026·5 sources
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Top claims

  • ▪Ledger stated that it could not confirm the number of people affected by the tampered device incidents or the total amount lost.
  • ▪Former Mt. Gox CEO Mark Karpelès stated that a Ledger Flex hardware wallet purchased at Singapore's Changi Airport contained a spy implant.
  • ▪The Singapore Police Force advised cryptocurrency holders to avoid entering recovery phrases or transacting on suspected tampered devices and to move remaining assets to a new, trusted wallet with a newly generated recovery phrase.

Subtopics

Crypto hacks1Crypto security1Crypto wallets1Hardware wallet1Self-custody1Wallet & key compromise1

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