A Singapore Police Force advisory dated Oct. 28 said at least two cases involving tampered Ledger wallets had been reported since Sept. 10, resulting in about SGD 3.5 million in losses. Earlier, on Oct. 13, Ledger said it had asked resellers and distributors in seven Asian markets to suspend sales while it investigated where in the distribution chain the devices had been altered.

What Singapore Police Said About the Tampered Wallet Cases

The latest reported official development is the Singapore Police Force advisory dated Oct. 28. It said at least two cases involving tampered Ledger hardware wallets had been reported since Sept. 10, with losses totaling about SGD 3.5 million.

Within the scope of that advisory, police said malicious hardware components had been found in some Ledger devices sold through retail stores in Singapore, and that the investigation was ongoing. This moves the matter beyond isolated user claims into an active law-enforcement case involving specific losses in Singapore.

Media reports summarizing the police warning also said users should exercise caution with devices suspected of being tampered with and follow wallet-provider advisories. The available evidence does not establish a final forensic conclusion on where the physical alteration occurred or whether police have officially identified any seller.

Why the Incident Looks Like a Distribution-Chain Problem

Based on the evidence reported so far, the incident is being investigated as physical tampering somewhere in the distribution chain, rather than as a confirmed compromise of Ledger’s manufacturing, firmware or secure-element systems. Police found malicious hardware components inside devices sold by some Singapore retail stores, pointing to a device-handling issue rather than a software-only breach.

Ledger’s Oct. 13 update reinforced that distinction, saying it was seeking to determine who tampered with the devices and where in the distribution chain it occurred. That wording does not resolve the case, but it gives a clearer answer than the sales halt alone: the working theory is supply-chain or channel tampering, not a proven product-wide Ledger failure.

The regional commercial response extended beyond the Singapore cases. Ledger’s reported request to suspend sales covered Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam and Hong Kong, suggesting a precautionary move by resellers while the source and scale of the altered devices remained under review.

The Reported Scope So Far

The reported facts currently fall into two categories: police findings linked to Singapore retail sales, and Ledger’s broader precautionary reseller sales halt across seven markets. Keeping that distinction in view helps avoid overstating either side of the story.

Within that reported scope, the key points are:

Claims about specific retailers, precise affected models, batch numbers, recall terms, replacement procedures or a definitive point of failure in the supply chain remain outside the evidence available here. Such details would materially change the story if later published, but they have not been established by the supplied evidence.