Ledger Supply Chain Attack gets Scarier.. (How to protect yourself)

Ledger hardware wallets sold in physical retail stores across Asia (Hong Kong, Singapore, Thailand, the Philippines) have been found with hidden implants. These are extra wires plus an LTE modem/SIM that read your seed phrase when you first set up the device and send it straight to the hacker. More than $100 million in confirmed losses so far, and Ledger Live doesn’t detect it.

In this video I cover how the hack works, who’s affected (Nano and Flex models), why it looks like a supply chain attack, how to check your device, and whether any hardware wallet is safe right now.

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Chapters:
00:00 Intro: the Ledger hack explained
00:49 Which stores and regions are affected
01:12 Spy-level engineering & Ledger’s response
02:56 Bought online? You’re safe
03:36 How hardware wallets are supposed to be secure
04:15 How the hack steals your keys over LTE
05:35 $100M+ stolen: victims report drained wallets
06:11 Hidden implant & how to check your Ledger
07:41 Ledger Flex affected: Singapore case
08:01 Supply chain attack explained
08:24 Why hackers are targeting crypto now
09:31 The scary part: more hacks to come
09:52 Alternatives: Raspberry Pi & paper wallets
11:05 Clear cases & buying online
12:11 TL;DR: what to do now
12:54 Should you buy a new hardware wallet?
13:51 What I’d do & final thoughts

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