Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen
Summary
Ledger is investigating reports that customers who bought hardware wallets through Southeast Asian reseller CryptoBilis lost funds. Blockchain investigator Specter estimates more than $86 million may have been stolen from hundreds of wallets across Bitcoin, Ethereum and Tron, but the amount and connection between incidents are unconfirmed. Ledger has asked the reseller to pause sales and shipments and advised recent buyers not to set up their devices; customers who already activated them should consider moving funds to a new device with a newly generated recovery phrase. The cause remains unknown, and there is no confirmed evidence that Ledger’s systems or wallet technology were compromised.
