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Trezor Cuts Its Resellers After Ledger Finds Spy Implant in Crypto Wallets

Trezor will end its reseller authorizations on January 1, 2027 and stop shipping new stock to them, calling it a precaution after supply-chain incidents and saying there is no evidence its devices were compromised. The move follows Ledger's Donjon team finding that wallets sold by Southeast Asian reseller CryptoBilis carried a spy implant that captures recovery phrases from the screen and sends them over LTE. Ledger told anyone who bought from CryptoBilis in the past 90 days not to set up their device, while onchain investigator Specter traced more than $86 million in suspected thefts, a figure Ledger says it has not verified. Trezor says CryptoBilis was already off its seller list and that it has received no reports of tampered devices from that retailer. Separately, a ShipMonk data exposure in August affected Trezor customers, with the total put at 80,689 in September, though Trezor says its devices, private keys and wallet backups were not affected.

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