Ledger Confirms Unauthorized Hardware Implant in Customer Wallet as $93.4M Crypto Theft Mystery Deepens

Ledger confirming an unauthorized hardware implant in a customer wallet, tied to a $93.4M theft, strikes at the core trust assumption of self-custody. Hardware wallets are the security bedrock for large crypto holders, so this raises fears of broader supply-chain or firmware compromise. Expect defensive positioning, hardware and security-token volatility, and elevated scrutiny of custodial and cold-storage providers in the near term.