Who’s Mass-Producing Ledger Spy Chips?

Video

About 320 wallets were drained after the Ledger implant attack in Malaysia. Mark Karpelès estimates that means at least 100 physical devices, and he says implants have also been reported in Singapore, Russia and Germany.

He has tracked three generations of the implant. It started as a hand-wired board, moved to an orange intermediate version, and ended as a black board that drops one of the four screen connections, so there’s one less point to solder. Karpelès thinks a single team improved it as feedback came in from installations. He says he wouldn’t be surprised if a company is making the implants and selling them to others to install.

Watch the full interview with Camila Russo on The Defiant.

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