Security
Ledger Finds LTE Implant That Stole Recovery Phrases in Suspected $86M Drain
Decrypt·October 13, 2026·1 min read
Ledger discovered an LTE implant that steals recovery phrases, suspected in an $86M drain. The hidden chip reads the 24-word phrase off the screen during setup, leaving the Secure Element and its software untouched. Users are advised to verify device integrity and use hardware wallets from trusted sources.
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