Ledger probes crypto theft linked to reseller
Ledger is looking into claims of $86 million in crypto losses tied to a reseller. Users in Southeast Asia reported fund drains after buying products from CryptoBilis.
Why it matters
Users may face financial harm as Ledger investigates potential security flaws in its wallet system.
ledger investigates wallet issues
Ledger is examining reports of unauthorized fund withdrawals from its wallet system.
reseller linked to losses
CryptoBilis is suspected of facilitating the thefts through its sales channels.
Common questions
how much was stolen?
Reports estimate losses at over $86 million.
who is involved?
Ledger and a reseller named CryptoBilis are under investigation.
Sources
- Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen By Krisztian Sandor, CoinDesk · coindesk.com
- Ledger investigates wallet drains involving CryptoBilis buyers; estimate tops $86 million in losses By Yogita Khatri, The Block · theblock.co
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