Scammer Gets Scammed: Ledger Implant Thieves Steal $4.8M in Bitcoin

A criminal group reportedly stole approximately $4.8 million in Bitcoin by distributing Ledger hardware wallets implanted to expose victims’ recovery phrases. The incident underscores that compromised devices and supply-chain attacks can defeat self-custody protections, even when users believe they are using hardware wallets. Bitcoin holders should obtain wallets only through trusted channels and never enter a recovery phrase into an unfamiliar device or share it with anyone.