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AlertCrypto · Wallet warning2 min read

Trezor warns a crypto wallet sold in Asia may hold a hidden spy chip

Trezor says a Safe 5 wallet sold through a Southeast Asian reseller may hide a cellular chip that could send out a user's secret recovery phrase.

By the Dashline deskSource: BleepingComputer
Trezor warns a crypto wallet sold in Asia may hold a hidden spy chip
Photo: Victorgrigas, CC BY-SA 3.0
Act this week
What happenedTrezor received credible reports of a suspected theft implant inside a Trezor Safe 5 sold by reseller CryptoBilis, though it has not yet examined the device.
Who is affectedAnyone who bought a Trezor wallet through CryptoBilis from March 2026 onward, mainly in Southeast Asia, including Trezor Safe 5 buyers.
What to do
  1. 1Stop using any Trezor bought through CryptoBilis, and do not set one up.
  2. 2If you already used it, create a new wallet with a new recovery phrase.
  3. 3Move your funds to the new wallet.
  4. 4Contact Trezor with proof of purchase for a replacement or a voucher.

Trezor, a maker of physical crypto wallets, says it has credible reports that a Trezor Safe 5 sold by its reseller CryptoBilis in Southeast Asia may contain a hidden theft device. The company has not yet examined the device, so the tampering is not confirmed. It is still telling possibly affected buyers to move their money.

What was found

A user in Indonesia bought a Safe 5 from CryptoBilis through Tokopedia in August 2026. After opening it, the user found an extra circuit board between the main board and the screen. It carried a cellular module and an antenna.

Based on unconfirmed details from that customer, the part appears able to read what the screen shows, including the wallet's recovery phrase. It would then send that information over a mobile network when the wallet is plugged in. The recovery phrase is the set of secret words that restores a wallet. Anyone who has it can take the funds.

Why it matters

A hardware wallet is meant to keep your keys offline and safe. Here, the concern is that the device was altered before it reached the buyer, which a user may never notice.

CryptoBilis is the same retailer tied to a Ledger incident earlier this month. Trezor says the implants look similar in form and function. Ledger later confirmed the compromise and asked sellers in Southeast Asia and Hong Kong to halt sales. Reports of losses by Ledger users have emerged, and Singapore police recently added another $3,500,000 to the total.

Who is affected

Trezor advises against setting up or using any device bought through CryptoBilis from March 2026 onward. The warning names that reseller and that time period. Trezor stopped sales through CryptoBilis on October 9, 2026, before it had any sign it was affected. It says it knows of no funds stolen through a supply-chain attack so far.

Trezor also says weighing a device is not a reliable way to tell whether it was tampered with. A normal weight does not clear it.

What to do

The steps in the alert box above cover what to do, whether the device is still in its box or already in use. Buyers with proof of purchase can ask Trezor for a replacement or a voucher.

What happens next

Trezor says the device is being shipped to it. It has promised updates once the device arrives and has been examined. Until then, the report remains unconfirmed. The company also says it will restructure and tighten its reseller network worldwide.

The takeaway

If you bought a Trezor through CryptoBilis from March 2026 onward, do not use it, and move your funds to a new wallet with a new recovery phrase.

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