Singapore Police Warn of Tampered Ledger Wallets Causing Approximately 2700000 USD in Losses

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【Singapore Police: Tampered Ledger Wallets Cause Users to Lose 2700000 USD】

The Singapore Police Force issued an alert on Wednesday, stating that it has received at least two reports involving tampered Ledger hardware wallets since September 10, with total losses of approximately 3500000 Singapore dollars, equivalent to approximately 2700000 USD. Preliminary investigations found malicious hardware components in Ledger wallets purchased from some retail stores in Singapore. The incident came to public attention only on October 9, involving devices sold through CryptoBilis, an authorized distributor in Indonesia, Malaysia, and the Philippines. Subsequently, former Mt. Gox CEO Mark Karpelès said that a Ledger Flex purchased at Singapore airport contained a spyware implant. Another user said they purchased a tampered device from local IT retailer Challenger and subsequently received a replacement device sent by Ledger.October 13, Ledger has asked retailers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong to suspend sales of its devices pending completion of the investigation. The Singapore Police stated that it is maintaining contact with Ledger, which is reviewing the affected cases, while the police investigation remains ongoing.

Key points

The Singapore Police Force stated that it has received at least two reports involving tampered Ledger hardware wallets since September 10.
Police stated that the cases resulted in total losses of approximately 3500000 Singapore dollars, equivalent to approximately 2700000 USD。
Preliminary investigations found malicious hardware components in certain Ledger wallets purchased from retail stores in Singapore.
The device in question refers to devices sold through CryptoBilis, an authorized distributor in Indonesia, Malaysia, and the Philippines.
October 13 Ledger is asking retailers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong to suspend sales of its devices.
Singapore police said they are maintaining contact with Ledger, and the investigation remains ongoing.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The report said that some Ledger hardware wallets may have been fitted with malicious hardware before sale, and that some users had reported the matter to police and suffered losses. Ledger has asked retailers in multiple regions to suspend sales, and the police and Ledger are investigating.

Why it matters to readers

This indicates that the device supply chain and retail channels may affect hardware wallet security, and users need to monitor notices regarding affected devices, channels, and subsequent replacement or disposal.

If you use or are preparing to purchase a Ledger wallet, pay attention to official and police statements regarding affected batches, sales channels, and replacement arrangements.

Risks and unknowns

The police investigation has not yet been completed.
The report does not clearly state the specific number of affected devices, the batches involved, or the allocation of responsibility.
Based on this information, it is currently impossible to confirm that all relevant regions or retail channels are affected.

Singapore Police Warn of Tampered Ledger Wallets Causing Approximately 2700000 USD in Losses

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