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seed phrase compromise

Pre-Initialized Hardware Wallet Scam Steals 4.35 BTC, Experts Warn of Supply Chain Risks

A cryptocurrency investor suffered a loss of 4.35 BTC after purchasing a compromised hardware wallet that had been secretly pre-initialized by scammers. The fraudulent device contained a seed phrase generated and controlled by malicious actors prior to delivery. Blockchain security… Read More »Pre-Initialized Hardware Wallet Scam Steals 4.35 BTC, Experts Warn of Supply Chain Risks