​‘Trusted’ marketplace sold fake Trezor wallets stealing crypt | Crypto Shake

​‘Trusted’ marketplace sold fake Trezor wallets stealing crypto: Kaspersky

Amid the rising popularity of hardware cryptocurrency wallets, the Russian cybersecurity firm Kaspersky has reminded users about the importance of using authentic crypto devices.

Kaspersky cyber incident expert Stanislav Golovanov on May 10 reported on an issue with fake hardware wallets impersonating major wallet firm Trezor. The incident occured in March 2022.

According to the blog post, the fake Trezor wallet allowed fraudsters to steal Bitcoin via a replaced microcontroller, which enabled attackers to take over control of the user’s private keys.

The victim reportedly purchased a tampered hardware wallet that posed as Trezor’s advanced crypto wallet Trezor Model T. The fake wallet appeared to be exactly the same as a genuine Trezor Model T wallet, providing a standard set of wallet functions.

“When handling the wallet, nothing felt suspicious either: all the functions worked as they should, and the user interface was no different from the original one,” Golovanov wrote.