Changpeng Zhao said Ledger hardware wallet users should stay alert, with extra caution for people who bought devices recently. In a post, he said the information available so far suggests the incident appears to be limited to a supply-chain attack tied to one vendor, and that a small number of users may have bought counterfeit or tampered Ledger devices. Zhao also described Ledger as one of the oldest and safest hardware wallet brands in the industry. He added that he expects participants across the BNB ecosystem, along with the wider crypto industry, to help trace and recover funds. The remarks frame the issue as a vendor-specific supply-chain problem rather than a broader failure affecting all Ledger devices, based on the information he cited at the time of posting.
Changpeng Zhao urged Ledger hardware wallet users to remain cautious, especially those who purchased devices recently.
Based on the information available so far, Zhao said the incident appears to be limited to a supply-chain attack involving a single vendor. He added that a small number of users may have purchased counterfeit or tampered Ledger devices.
Zhao also said Ledger is one of the oldest and safest hardware wallet providers in the industry. He said he expects the BNB ecosystem and the broader industry to help trace and recover funds.
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