Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen
Onchain researchers estimate losses at more than $86 million as Ledger says its own systems were not compromised and the reseller case remains under investigation.
- On Friday, October 9, 2026, hardware wallet maker Ledger announced it is investigating reports of stolen funds involving devices sold by Southeast Asian reseller CryptoBilis, asking the shop to pause sales and shipments.
- Ledger confirmed its internal infrastructure remains uncompromised, suggesting the incident potentially involves a supply-chain attack where devices were tampered with before reaching customers.
- Onchain researchers, including investigators Specter and tanuki42, estimate that between $72 million and $86 million in cryptocurrency may have been stolen across Bitcoin, Ethereum, and Tron blockchains.
- Ledger advised customers who purchased devices from CryptoBilis within the past 90 days not to set them up, while urging those who already activated devices to transfer assets to a new signer.
- Bitcoin markets largely avoided significant selling pressure on Friday, rebounding above $83,000 despite the security concerns, while analysts note this incident fits a broader pattern of recurring hardware wallet exploits this year.
45 Articles
45 Articles
Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen
The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl about crypto assets drained from Bitcoin, Ethereum and Tron addresses.
Ledger Users Reportedly Drained of Over $86 Million Across Several Blockchains
Specter (@SpecterAnalyst) said on X on Oct. 9 that a trace of theft addresses shows losses of more than $86 million from reported wallet drains of Ledger users. Specter said the addresses took in funds from hundreds of victims’ wallets on multiple major chains, among them Ethereum, TRON and Bitcoin. Specter cited user reports on X and Reddit of Ledger wallets being emptied, and said it traced the theft addresses.
CryptoBilis, an official retailer of Ledger in Malaysia, Indonesia and the Philippines, is suspected of having sold booby-trapped material portfolios, resulting in thefts estimated at more than $86 million. CryptoBilis was reportedly bought in March 2026 by a new Chinese owner and the former owners have not since August any access to any of them. [...] Read more An official dealer of Ledger would have distributed compromised devices appeared fir…
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to blockchain investigators. In an Oct. 9 statement, the crypto hardware wallet maker said it was investigating reports that customers lost funds after buying devices from CryptoBilis, an authorized reseller operating in Southeast Asia. As a precaution, […]
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