Police in Singapore confirmed that modified Ledger hardware wallets have been reported in the country starting on September 10. At least two separate incidents have occurred so far. Victims have suffered total damages reaching roughly 3.5 million Singapore dollars, which equals approximately $2.7 million.
In a report published on October 29, 2026, staff editor Andrew Fenton detailed the security breaches. The same update noted that South Korean legislators appear set to postpone the nation's cryptocurrency tax law for a fourth time. Asset values recorded at the time included Bitcoin at $77,285.47 and Ethereum at $2,220.57.
For traders holding open perpetual futures positions on Bitget, Bybit, MEXC, or OKX, these hardware wallet tampering incidents change nothing directly regarding ongoing funding rates, trading fees, or contract liquidity. Physical wallet breaches impact offline storage rather than active derivative balances managed on centralized platforms. As a result, position maintenance costs across major derivative desks remain unaffected by these exploits.
Source: cointelegraph — Tampered Ledger reported in Singapore a month before news broke: Asia Express