SuiBall Shuts Down Before Shipping Its First Hardware Wallet

TL;DR: The native hardware wallet project SuiBall has ceased operations following the withdrawal of financial and technical backing from the Sui Foundation. Physical units were already fully developed and assembled before deliveries were ordered to halt. 80% of buyers placed their orders on-chain and will receive their refunds in USDC within an estimated seven-day window. The cold storage project SuiBall will permanently shut down operations this Wednesday, November 11. The initial commercial distribution of its units was cancelled following cybersecurity warnings issued by the Sui Foundation. Suiball Refund Announcement Thank you to everyone who supported us on this journey. We set out to build a secure hardware device that was more than just a hardware wallet: one fully native to Sui. We did it.

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