Trezor Warns Users Of Fake Wallets Disguised as their Official Product

Nov 21, 2018 at 0:03

Trezor, a popular manufacturer of crypto hardware wallet, warned its users that it recently discovered that there are fake versions of its products being sold in the market.

The company noted that a still unknown third party is distributing copies of its flagship Trezor One device.

“Trezor clones have been released over the years of our activity… However, in recent weeks, we have discovered something more startling. A one-to-one copy of Trezor One. In other words, a fake Trezor device, manufactured by a different, unknown vendor,” the firm explained in a statement.

Trezor detailed that the copies only involves subtle differences in packaging, specifically in the hologram and barcode sticker that are suspected to have originated from China.

“Be very cautious when buying on other marketplaces, such as eBay, Taobao, AliExpress, unknown Amazon resellers or other places… If you are not sure about the authenticity of the seller or the channel, always proceed with the official channels,” the wallet company further stated.

Trezor’s announcement is a testament that crypto scammers are finding new ways on how to score free coins from uninformed victims especially that a wallet is very essential in storing and trading cryptocurrencies.

Earlier this year, DisruptBlock made a list of the essential tools that should be owned by crypto traders which also tackled about wallets.