The official manufacturer behind leading cryptocurrency hardware wallet Trezor has announced that it believes criminals are using a new method to steal funds from unsuspecting victims. The post, released on Medium by Satoshi Labs, the company behind the Trezor brand, stated that they have been made aware that “one-to-one copies” of Trezor are circulating the market. As the post states, “In other words, a fake Trezor device, manufactured by a different, unknown vendor” has been discovered.
SatoshiLabs continue to add that whilst Trezor clones have been operating in the market for some time now, not only do they are utilize a different brand name, but they are also manufactured by legitimate organizations. As such, the process of distinguishing between a real Trezor and a clone is a simple one. However, a new breed of fake Trezor’s have been discovered.