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Crypto wallet reseller accused of draining users

1d ago

Crypto wallet reseller accused of draining users
Image: protos.com

A Southeast Asian Ledger reseller is accused of draining users' funds. The alleged theft involves millions of dollars.

Why it matters

Users who bought hardware wallets from the reseller may lose funds. The incident raises concerns about wallet security.

Reseller linked to $86M loss

CryptoBilis, a Ledger reseller, is tied to a $86 million loss. Users are reportedly affected.

Users report fund draining

Ledger users who purchased wallets from the reseller say their funds were drained. Details are unclear.

Common questions

How much money was lost?

The incident is linked to a $86 million loss.

Sources

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