Criminals stole about $90 million in crypto using tampered Ledger devices

The Financial Times reports about $90 million in crypto was stolen from Ledger customers. Ledger says criminals bought genuine devices, fitted them with components designed to capture recovery phrases during setup, and put them back into distribution through resellers in southeast Asia. The Financial Times reports all affected devices were sold by Malaysia-based CryptoBilis, which said it paused Ledger sales and shipments. Ledger says its own systems were not compromised.