# Ledger Suspends Southeast Asia Resellers Following $103 Million Supply Chain Attack

- URL: https://stocks.freetheai.org/news/ledger-suspends-southeast-asia-resellers-following-103-million-supply-chain-a7a21b
- Published: 2026-10-15T22:42:58Z
- Category: crypto; sentiment: bearish; impact: high
- Symbols: [BITSTAMP:BTCUSD](https://stocks.freetheai.org/symbols/BITSTAMP-BTCUSD)
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Hardware wallet manufacturer Ledger suspended its reseller network across South East Asia after attackers inserted tampered hardware devices into the supply chain. The compromised units contained spyware that recorded seed phrases, allowing thieves to drain more than $103.4 million from 530 crypto wallet addresses. A single victim lost 60 Bitcoin, worth roughly $4.8 million, across three compromised devices.

The incident marks one of the most severe supply chain security breaches for crypto hardware storage, undermining trust in off-the-shelf cold storage solutions. In response, Ledger requested resellers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia, and Hong Kong to halt sales. Meanwhile, rival wallet maker Trezor announced plans to close select remote reseller locations starting January 1 to maintain stricter supply chain oversight, though no tampered Trezor units have been reported.

Investors should monitor whether retail distributors resume sales under stricter security protocols and how hardware manufacturers protect device supply chains against physical interception. Ledger has launched a new $849 device designed to isolate wallet operations and detect physical tampering even when powered off. In the market, Bitcoin (BITSTAMP:BTCUSD) held relatively stable around $82,040 despite the widespread security concerns.

## Key points

- Thieves stole over $103.4 million across 530 addresses using tampered Ledger hardware wallets inserted into the supply chain.
- Ledger suspended its reseller network in seven South East Asian territories and requested distributors to remove devices from sale.
- Trezor plans to close select remote resellers from January 1 to maintain supply chain control, though no tampered Trezor devices have been found.
- Ledger introduced a new $849 device built with tamper-detection features and isolated wallet operations to mitigate implant threats.

## Questions and answers

### Why did Ledger suspend sales in South East Asia?

Ledger halted sales across South East Asia after attackers inserted tampered devices into the supply chain, allowing thieves to steal over $103.4 million from 530 crypto wallet addresses using spyware that recorded seed phrases.

### Were Trezor hardware wallets affected by the supply chain attack?

No tampered Trezor devices have been reported. However, Trezor decided to shut down select far-flung reseller locations starting January 1 because it cannot guarantee the same level of supply chain oversight as closer locations.

### How much crypto was stolen in the Ledger supply chain attack?

Thieves stole more than $103.4 million from 530 wallet addresses using compromised hardware wallets inserted into the South East Asian supply chain.