Entity

CryptoBilis

CryptoBilis is a third-party hardware wallet case designed to hold Ledger devices. It is at the center of a security incident where unauthorized chips were found in some of its cases, which allegedly transmitted wallet keys over a mobile network.

Why it’s in the news: It is in the news due to a major security breach where its products were found to contain hardware implants that compromised user cryptocurrency wallets.

Latest on CryptoBilis

  • Ledger says 'spy' chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network
  • Ledger claims CryptoBilis cases are limited as up to $93 million is traced, $10 million frozen
  • Ledger says unauthorized implant found in at least one device sold by CryptoBilis

Connections

6 entities linked to CryptoBilis across the news graph.