TREE NEWS reports: Singapore police have recorded at least $2.7 million in losses tied to tampered Ledger hardware wallets, with at least two cases in a reporting window beginning Sept. 10. Ledger issued a public alert about the issue on Oct. 9. The figure covers reported losses from wallets that had been compromised through tampering.
Singapore Police Report $2.7M Losses From Tampered Ledger Wallets
The significance here is that the attack surface sits in the physical supply chain, not in code or on-chain contracts, which is a harder risk for self-custody users to audit and for vendors to police. The affected group is hardware-wallet holders who acquire devices through secondary or unverified channels, and the reporting lag between the first cases and Ledger's public alert is notable. Whether tampered-device reports keep surfacing, and how device-authenticity checks evolve, is the open question.
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