Ledger Investigates Potential Wallet Tampering After Reports of $86 Million in Crypto Stolen
22 Articles
22 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 Probes Potential Theft of $87M in User Funds Tied to Crypto Wallet Reseller
Ledger asked reseller CryptoBilis to pause sales and urged recent buyers not to set up their devices, as an onchain investigator tracked more than $86 million in suspected thefts.
Ledger investigates reports of stolen funds linked to wallets sold by dealer in Southeast Asia, suspected of $86 million
Ledger Investigates $86M Crypto Losses Linked to Suspected Fake Wallets
TLDR: More than $86 million in reported crypto losses are linked to suspected fake or tampered Ledger wallets. Ledger told reseller CryptoBilis to pause sales and shipments while the investigation continues. On-chain analyst Specter traced funds across Bitcoin, Ethereum, and TRON from hundreds of victim wallets. CZ described the incident as a suspected localized supply [...]
After reports of theft from Ledger wallet hardware sold by CryptoBilis in Southeast Asia, the manufacturer asked the dealer to suspend sales and shipments. Separately, the onchain investigator Specter estimates losses for more than 86 million dollars, distributed over hundreds of wallets. Both the investigation and the estimate were announced on October 9 [...]
Ledger investigates complaints of funds withdrawn from wallets whose owners claim they have not authorized transactions. The company asked to stop sales of devices from a Southeast Asian reseller, while an on-chain investigator calculates losses above USD $86 million.
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