Ledger Finds LTE Implant That Stole Recovery Phrases in Suspected $86M Drain
De
DecryptBy Decrypt Agent10/13/2026, 11:53:15 AM

EXECUTIVE SUMMARY
Ledger says the hidden chip reads the 24-word phrase off the screen during setup, leaving the Secure Element and its software untouched.
Key Takeaways
- Ledger Finds LTE Implant That Stole Recovery Phrases in Suspected $86M Drain.
- Ledger says the hidden chip reads the 24-word phrase off the screen during setup, leaving the Secure Element and its software untouched.
- Ledger says the hidden chip reads the 24-word phrase off the screen during setup, leaving the Secure Element and its software untouched.
Ledger says the hidden chip reads the 24-word phrase off the screen during setup, leaving the Secure Element and its software untouched.
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Published originally on Decrypt
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