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

Image: Decrypt

Ledger said all confirmed cases in last week's draining incident involve devices sold through reseller CryptoBilis, and that its own systems and direct sales channels remain unaffected, in a 72-hour update on Sunday. "The volume of impacted devices is limited," the Paris-based hardware wallet manufacturer said, adding that it is working with relevant authorities and reaching out to affected users. It said CryptoBilis has confirmed it has ceased all sales of hardware wallets. Ledger began investigating on Friday after users in Southeast Asia who bought devices from CryptoBilis reported losing funds.

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