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A report stated that a Ledger official distributor was hit by a supply-chain attack. The attackers allegedly implanted hardware modules to steal the recovery phrase displayed on the device screen, causing approximately 90000000 USD in crypto-asset losses.
Company records show that Jiaming has held all shares in CryptoBilis since August 3; former co-founder says the company March was acquired. CryptoBilis has suspended hardware wallet sales and shipments in Southeast Asian countries.
Bitget says the attacker exploited a vulnerability in a third-party security product to obtain internal network credentials, while private keys and cold-wallet assets were unaffected; Mandiant and SlowMist have joined the review.