▲Hardware-Wallet Trust Erodes

Score history

Daily conviction score, 0 to 100. Higher means the thesis is more strongly corroborated.

Now 72 · +4 since Oct 11 · ranged 68 to 72

Showing the last few days. Unlock full score history.

Why the conviction moved

• Oct 12
  Strengthened +4

  Ledger confirmed that a Nano wallet sold by reseller CryptoBilis carried a hidden cellular implant, as theft estimates reached $93 million. An unconfirmed report of a suspect Nano X bought in Europe challenges Ledger's view that the problem is limited to one Southeast Asian distributor. This adds tampering in the reseller supply chain to the firmware and entropy defects already eroding trust, a risk users cannot audit away by checking the device themselves.

• Oct 11
  Strengthened +4

  Ledger cut off a Southeast Asian reseller after up to $93 million was drained from customers' wallets. Investigators' leading explanation is a hidden component inside sealed devices that reads recovery words. That adds a supply-chain way to compromise self-custody alongside firmware and entropy defects, and buyers cannot audit it by checking Ledger's code.

Showing the last 2 days. Unlock the full record.

Source trail

• Supporting · October 12, 2026

  Ledger confirms a hidden cellular implant in a wallet sold by reseller CryptoBilis as theft estimates reach $93 million

  Ledger confirmed that a Nano wallet sold by reseller CryptoBilis carried a hidden cellular implant, as theft estimates reached $93 million. An unconfirmed report of a suspect Nano X bought in Europe challenges Ledger's view that the problem is limited to one Southeast Asian distributor. This adds tampering in the reseller supply chain to the firmware and entropy defects already eroding trust, a risk users cannot audit away by checking the device themselves.

  crypto.news

• Supporting · October 11, 2026

  Ledger Halts Southeast Asian Reseller After Up to $93 Million Is Drained From Customers' Wallets

  Ledger cut off a Southeast Asian reseller after up to $93 million was drained from customers' wallets. Investigators' leading explanation is a hidden component inside sealed devices that reads recovery words. That adds a supply-chain way to compromise self-custody alongside firmware and entropy defects, and buyers cannot audit it by checking Ledger's code.

  Bitcointalk Dev & Technical