Topic: #ledger
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HEX founder Richard Heart detained in Istanbul as market cap falls to $315 million
HEX founder Richard Heart was detained in Istanbul on October 14. Turkey's justice minister said police seized $7.15 million in cash, and HEX's market cap fell from $561 million to $315 million that week.
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Task scammer loses 60 BTC to compromised Ledger wallets, Chainalysis says
A crypto scammer who ran fake online job schemes lost 60 BTC, worth more than $4.9 million, after moving the proceeds to Ledger wallets that were later drained, Chainalysis said. CoinDesk linked the theft to the breach involving Ledger devices sold by reseller CryptoBilis.
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Ledger says LTE implants in CryptoBilis-sold wallets leaked recovery phrases
Ledger said malicious implants in wallets sold by reseller CryptoBilis captured recovery phrases and sent them over cellular networks. Trezor and OneKey have since cut ties with the reseller, which halted all hardware wallet sales.
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Ledger ties all confirmed cases in suspected $86M drain to reseller CryptoBilis
Ledger said all confirmed cases in last week's wallet-draining incident involved devices sold by reseller CryptoBilis, that its own systems were unaffected, and that CryptoBilis has stopped selling hardware wallets.
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Ledger confirms hardware implant in device sold by reseller CryptoBilis
Ledger said a device linked to recent user fund losses contained an unauthorized hardware implant. All confirmed cases so far involve units sold through Southeast Asian reseller CryptoBilis, the company said.
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Ledger theft-linked wallet swaps 14.7M USDT to USDD, beyond Tether's freeze reach
A wallet tied to thefts from Ledger hardware wallet users swapped roughly 14.7 million USDT into USDD on October 9, according to on-chain investigators, moving the funds outside Tether's freeze controls.
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Ledger CTO: MiCA compliance costs lock out Web3 startups
Charles Guillemet, CTO at Ledger, warned that the EU's MiCA regulation has created a two-tier market where only well-funded firms can afford compliance, leaving early-stage innovators locked out and handing competitive advantage to legacy financial institutions.