Sui Hardware Wallet Suiball Shuts Down as Foundation Pulls Out

Key Insights: Sui news: Suiball announced its shutdown on Nov. 11, just before shipping its first devices. The Sui Foundation pulled support, citing too much risk after a wave of hardware wallet attacks. About 80% of pre-orders would get automatic USDC refunds within a week. Sui news focused on Suiball’s shutdown on Nov. 11, 2026, following the hardware wallet developer’s cancellation of its first shipments. The team said the Sui Foundation had withdrawn support, citing security risks following industry attacks. Suiball promised USD Coin (USDC) refunds for all pre-orders. Approximately 80% of customers ordered on-chain and should receive automatic payments within one week, according to the project’s announcement. Sui News: Suiball Cancels Hardware Wallet Shipments What makes this one sting is how far along it was. Development was done.

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