Trezor Reduces Number of Resellers Following Ledger Drainage Incident

Trezor is reducing its number of authorized resellers following reports of lost funds from Ledger models. This decision comes after Ledger confirmed that a Southeast Asian retailer sold crypto wallets containing hidden spy implants designed to transmit users' recovery phrases. Consequently, Trezor is reviewing its vendor partnerships and has announced that it will end all reseller authorizations by January 1, 2027, to enhance security and prevent similar drainage incidents within its own hardware ecosystem.