Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis

Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis

Summary

Ledger said confirmed cases in last week’s wallet-draining incident involve devices sold by reseller CryptoBilis; its own systems and direct sales are unaffected. CryptoBilis has stopped selling wallets, and Ledger is contacting affected users and working with authorities. Investigators estimate more than $86 million was stolen across several blockchains, but Ledger has not confirmed the amount or cause, and some tracing claims remain unverified. Ledger advises CryptoBilis customers not to set up unused devices and to move funds from initialized devices to a fresh seed phrase on a wallet bought directly from Ledger. It is reviewing reseller controls and warning users about suspicious devices and recovery-phrase scams.