Trezor to Expel 80% of Its Distributors Starting January 2027

Trezor will stop working with 80% of its resellers starting January 1, 2027, following a tightening of security controls. Only 20% of the distributors met the new conditions. The company clarified that the excluded resellers were not responsible for malicious activities but did not meet current requirements. This measure aims to reduce risk in the supply chain and maintain greater control over the distribution of its hardware wallets. The announcement coincides with a warning about spyware on three units of the Trezor Safe 5 model sold by CryptoBilis between August 20 and September 23. Although no fund thefts were reported, Trezor warned of the possibility that the spyware could capture users' seed phrases. On November 11, Trezor released an update to prevent new captures by modifying the order of commands sent to the microcontroller. However, the patch does not eliminate data that the spyware may have previously recorded. Trezor recommended that those who purchased devices through CryptoBilis since March 2026 transfer their funds to a new wallet and offered free replacements. The review of distributors is also related to a previous incident involving Ledger wallets sold by CryptoBilis, which caused losses exceeding $86,000,000.

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