Updated 17 April 2026 at 08:15CoinCex editorial review
Counterfeit Ledger Hardware Wallet Identified on Chinese Marketplace by Security Researcher
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A cybersecurity researcher analysed the firmware of a bogus Ledger device and traced components back to Espressif Systems, a Chinese semiconductor firm.
The researcher said they examined the fake Ledger device’s firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems.
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