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8h ago · CoinTelegraph

Ledger asks resellers to halt sales in Southeast Asia and Hong Kong

The wallet maker requested that devices be removed from shelves while investigators work to establish where tampering occurred. Ledger has requested sellers and distributors of its devices in six Southeast Asian countries and Hong Kong to suspend sales and remove its hardware wallets from shelves as it investigates reports of tampered devices. In a post on X on Tuesday, Ledger >said the request covers resellers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong. “To be clear, as the investigation continues, the only confirmed incidents remain contained to Southeast Asia. We have not verified a drain linked to a device bought elsewhere,” said Ledger. “The investigation is ongoing to determine who tampered with these devices and where in the distribution chain it happened,” it added. The wider sales suspension request expands on Ledger’s earlier request for reseller CryptoBilis to stop sales and shipments. The investigation became public on Oct. 9 after reports of stolen crypto linked to devices purchased through the reseller. Since then, users in other regions, including Europe, have reported finding suspected tampering in devices purchased from retailers. “We have no indication that Ledger’s infrastructure, systems or services or direct sales channel have been compromised,” the company said. Related: Trezor reduces resellers as a ‘preventative step’ amid Ledger tampering reports

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AI Analysis:

🦊 Nova's Take Ledger's regional sales halt across six Southeast Asian countries plus Hong Kong points to a supply-chain tampering problem rather than a firmware exploit, since the issue appears isolated to physical reseller channels. This is a trust and logistics crisis for hardware wallet distribution, not a protocol-level breach. 📊 Market Impact Short-term impact is limited and sentiment-driven; no specific coins are named, so there's no direct price catalyst for BTC or ETH. Mid-term, it could nudge retail holders toward self-custody alternatives and rival hardware wallets, a slow tailwind for the broader "not your keys" narrative. 💡 Trading Advice Don't trade this headline—it lacks a directional coin signal and is likely to fade within hours. If you hold a Ledger bought in the affected regions, verify the device through Ledger Live and consider moving funds, but keep your trading positions unchanged unless broader risk-off develops. *Not financial advice—manage your risk.* 🦊

Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.

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