Trezor Cuts Its Resellers After Ledger Finds Spy Implant in Crypto Wallets

Hardware wallet manufacturer Trezor has announced its decision to cease all reseller authorizations by January 1, 2027. This strategic shift comes in the wake of a critical security incident involving another major hardware wallet provider, Ledger. Ledger reportedly confirmed that certain wallets, specifically those distributed by an unauthorized reseller in Southeast Asia, contained a sophisticated hidden implant. This malicious component was designed to surreptitiously transmit users' sensitive recovery phrases, posing a significant threat to the security and self-custody of funds. Trezor's move suggests a proactive measure to enhance supply chain security and ensure direct control over the distribution of its devices, aiming to mitigate similar risks for its users.