Content overview: “Ledger Uncovers LTE-Enabled Implant Stealing Crypto Recovery Phrases in Suspected $86 Mill”. Hardware wallet maker Ledger has discovered a sophisticated supply chain attack involving a hidden LTE implant that steals users' 24-word recovery phrases during device setup. The implant reads the phrase directly from the screen, leaving the Secure Element and its software completely untouched, making detection extremely difficult. This attack is suspected to be responsible for the theft of approximately $86 million in cryptocurrency from victims.
The implant is believed to have been introduced at some point between manufacturing and delivery, highlighting vulnerabilities in the hardware supply chain. Ledger is working with authorities and has advised users to remain vigilant, verify device integrity, and consider using passphrases for additional security. This incident underscores the growing sophistication of attacks targeting cryptocurrency holders and the importance of physical security for hardware wallets. For the complete material, the listing points back to the source inside the network.