Ledger wants customers to trust its new $849 device as criminals compromise existing wallets

Key Topics in this News Article:
News Snapshot:

Ledger unveiled an $849 crypto device with new anti-tamper protections as it investigated coordinated thefts involving modified hardware wallets. On Oct. 15, the French crypto wallet maker introduced Ledger Atom, which is a mobile device that combines everyday apps with hardware-protected crypto transactions. The company is accepting refundable $100 deposits for a Founders Edition priced at $849, with deliveries targeted for 2027. The launch coincides with Ledger’s investigation into an organized criminal operation that secretly modified genuine hardware wallets before returning them to reseller distribution channels. The attackers allegedly captured customers’ recovery phrases and used them to drain cryptocurrency holdings…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!