Fake Ledger Wallet Exposed With Hidden Chip Stealing Seed Phrases and PINs

A counterfeit Ledger wallet sold on a marketplace contains a hidden chip and specialized firmware aimed at stealing seed phrases and PINs immediately. The fake device highlights security risks associated with unverified hardware, emphasizing the importance of purchasing from trusted sources. The incident underscores ongoing threats in the crypto hardware wallet market, with no specific date provided for the discovery.