Ledger: CryptoBilis-Sold Wallet Implants Send Recovery Phrases Over LTE

The significance here is less about Ledger's firmware than about the trust boundary around hardware bought through resale channels. A recovery phrase leaving the device over LTE is a full seed compromise, and the admission that Genuine Check cannot detect post-sale modification undercuts the verification step buyers rely on. That shifts risk onto anyone sourcing wallets outside official distribution, where tampering can occur between manufacture and unboxing. Whether Ledger or resellers introduce stronger supply-chain attestation is the open question.