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MediaMarkt pulls crypto wallets from shelves over stolen currency

MediaMarkt pulls crypto wallets from shelves over stolen currency

MediaMarkt has removed Ledger cryptocurrency wallets from its online platform after it was discovered that some devices were tampered with by a third-party seller to steal digital assets. While no reports of compromised devices have surfaced in the Netherlands or Belgium, the retailer took the products off the market as a precautionary measure.

Electronic retailer MediaMarkt has removed specific Ledger cryptocurrency wallets from its online platform as a precautionary measure following reports of security breaches. Investigations reveal that approximately 300 devices were tampered with by a third-party seller in Southeast Asia, who installed unauthorized hardware to intercept user access codes. This scheme reportedly allowed criminals to steal approximately 102 million dollars in digital assets globally.

Although MediaMarkt operations in the Netherlands and Belgium have not received reports of compromised units, the company decided to pull the affected items to ensure customer safety. These devices were sold through the retailer's online marketplace by third-party vendors rather than directly by MediaMarkt. The manufacturer, Ledger, has confirmed the existence of the malicious hardware and is currently contacting affected customers while conducting an internal investigation. The Southeast Asian reseller involved in the incident has ceased its operations.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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