Tampered Ledger Reported in Singapore a Month Before News Broke: Asia Express
Singapore police say tampered Ledger hardware wallets started appearing there on September 10. South Korean lawmakers appear poised to delay the crypto tax law for a fourth time.
Key Points:
- Singapore police report at least two cases of tampered Ledgers since September 10, resulting in losses of approximately 3.5 million Singapore dollars ($2.7 million).
- The first report may have come a month before the wider incident became public knowledge.
- Ledger issued a public alert about tampered devices on October 9, following a major breach where nearly $100 million was stolen from wallets with spyware components.
- Ledger requested retailers in several Asian countries to suspend sales while investigations are ongoing.
- Singapore police issued a warning about tampered Ledgers three weeks after the initial report.
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- South Korea considers fourth delay of crypto tax law due to challenges sharing tax information with the US.