Ledger Probes Potential Theft of $87M in User Funds Tied to Crypto Wallet Reseller
Summary
Ledger is investigating reports that customers in Southeast Asia who bought hardware wallets from reseller CryptoBilis lost funds. It has asked the reseller to pause sales and shipments and advised buyers from the past 90 days who have not set up devices to wait; those who have should consider moving assets to a new signer with a new seed phrase. Ledger has not identified a cause, confirmed tampering, or stated how many customers were affected. A crypto investigator estimated losses at more than $86 million across Ethereum, Bitcoin, and Tron addresses, but Ledger has not verified the figure or confirmed all thefts are linked to the reseller.
