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Altcoins & DeFi

Suiball shuts down before shipping, refunds pre-orders in USDC

Image: Crypto Briefing

The Sui-native hardware wallet is closing after the Sui Foundation withdrew support over industry-wide security concerns Suiball, the hardware wallet built specifically for the Sui blockchain, is closing down before a single unit reached a customer’s hands. The project halted its launch and says it will refund on-chain pre-orders in USDC within a week. For a device that had finished development and entered manufacturing, that is a remarkably late exit. The announcement came on November 11, 2026. It closes a roughly year-long arc that began with a splashy debut and ended with a security reckoning that wasn’t even about Suiball itself. Suiball was developed by Citadel Wallet and pitched as a hardware wallet native to the Sui network.

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