Ledger Asks Resellers to Halt Sales in Seven Asian Markets
Ledger asked resellers to pause sales of its hardware wallets in a group of Asian markets after confirmed incidents were said to be limited to Southeast Asia. The company also asked that devices be removed from shelves while investigators work to determine where tampering happened, and it said its systems and direct sales channel showed no indication of compromise.
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Customers and resellers in the affected Asian markets will notice the halt immediately because devices are being removed from shelves and sales are being paused. The wallet maker’s direct channel is still described as unaffected, so the change is concentrated in reseller availability rather than every route to market.
In practice, devices that were on sale through resellers can no longer be sold in the listed markets while investigators look into where tampering happened. What remains the same is that the confirmed incidents are still described as confined to Southeast Asia, and the direct sales channel is still described as not showing signs of compromise.
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
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Cointelegraph
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Crypto Economy
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Has this happened before?
Nothing comparable yet.