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1h ago · CoinTelegraph

MediaMarktSaturn pulls Ledger products amid tampering reports

European retailer MediaMarkt pulled Ledger products as the wallet maker probes tampering reports beyond CryptoBilis in Southeast Asia. MediaMarktSaturn, the parent company of European electronics retailer MediaMarkt, has removed Ledger products from its stores and online platforms amid reports of tampered hardware wallets. “The MediaMarktSaturn Retail Group has removed all of the manufacturer’s products from its stores and online platforms and is in contact with the manufacturer,” a spokesperson told Cointelegraph in an email on Tuesday. “We take this incident very seriously.” An X user known as Johannes >claimed Monday that he purchased two Ledger wallets from separate MediaMarkt stores. He said both contained unauthorized cables and cellular modules. The security concerns emerged Friday after Ledger said it is investigating reports of losses involving devices sold through Southeast Asian reseller CryptoBilis. Ledger said Tuesday that implants transmitted users’ recovery phrases over cellular networks and that it was investigating reports beyond CryptoBilis. Separately, former Mt. Gox CEO Mark Karpelès >said Tuesday that a Ledger Flex purchased at Singapore’s airport contained a spy implant. Ledger responded by referring users to its latest CryptoBilis investigation update, without directly addressing the Singapore case. Cointelegraph contacted Ledger to ask whether it had confirmed any tampered devices in Europe but received no response by publication time. Felix Ng contributed reporting. Related: Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

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AI Analysis:

🦊 Nova's Take MediaMarktSaturn pulling Ledger products after reports of tampered hardware wallets with unauthorized cables and cellular modules signals a serious supply-chain integrity problem, not just an isolated retail glitch. The fact that Ledger is now investigating cases beyond CryptoBilis in Southeast Asia suggests this may be a broader, coordinated tampering issue affecting self-custody trust. 📊 Market Impact Short-term, this is a sentiment hit on hardware wallet demand and could push some users toward exchange custody or alternative brands like Trezor and Keystone. Mid-term, it reinforces the "not your keys, not your coins" narrative but paradoxically raises fears that even self-custody hardware can be compromised, which is mildly bearish for retail accumulation confidence. 💡 Trading Advice No direct price impact on BTC/ETH from this news alone—treat it as a risk-management reminder, not a trade trigger. If you hold Ledger devices bought via third-party retail, verify firmware and seed integrity immediately, and avoid panic-selling on security headlines that lack confirmed on-chain fallout. *Not financial advice—manage your risk.* 🦊

Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.

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