The researcher said they examined the fake Ledger device’s firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems.
Cybersecurity researcher uncovers fake Ledger sold on Chinese marketplace
A cybersecurity researcher discovered counterfeit Ledger hardware wallets sold on a Chinese marketplace, with firmware analysis revealing ties to Espressif Systems, a Chinese semiconductor manufacturer. Affected users risk financial loss or theft of cryptocurrency due to compromised device integrity and potential backdoored firmware. Immediate verification of any Ledger device purchased from unofficial sources is strongly advised.