A Brazilian security researcher warned that a counterfeit Ledger Nano S Plus purchased on a Chinese e-commerce platform was engineered to steal crypto assets. The researcher, known online as “Past_Computer2901,” said the fake hardware wallet was part of a sophisticated operation involving modified hardware designed to siphon cryptocurrency from unsuspecting users. The device did not pass Ledger Live genuine verification, and a teardown identified tampered hardware, firmware, WiFi and Bluetooth antennas. The warning follows a separate incident earlier this month in which more than 50 victims lost $9.5 million through a fake Ledger Live app listed on Apple’s App Store.