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Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen

Coindesk • October 9, 2026

The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl crypto assets drained from Bitcoin, Ethereum and Tron addresses.

Ledger is investigating reports that more than $86 million in cryptocurrency may have been stolen from hundreds of wallets linked to devices sold by CryptoBilis, a Southeast Asian reseller, though the losses and connection have not been independently verified.

Ledger asked CryptoBilis to halt sales and shipments and advised recent buyers not to set up their devices, while customers who already activated wallets should consider transferring their assets to a new device with a newly generated recovery phrase.

A supply-chain attack involving tampered devices could be one possible explanation, but the cause, number of affected users and total losses remain unconfirmed.

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This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Ledger Investigates $86 Million Crypto Theft Linked to Reseller Ledger is investigating reports of over $86 million in cryptocurrency stolen from wallets linked to devices sold by Southeast Asian reseller CryptoBilis. The company has requested CryptoBilis to halt all sales and shipments and advised customers who purchased devices in the last 90 days not to set them up. Users who have already initialized their devices are urged to transfer their assets to new wallets with fresh recovery phrases. The incident may involve a localized supply chain attack, with counterfeit or tampered devices being a possible cause. The exact number of affected users and the total losses are still unconfirmed. Notably, the stolen funds are associated with Bitcoin, Ethereum, and Tron addresses. Ledger continues to investigate the situation and will provide updates as more information becomes available. 6 sources 59

Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen

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Extracted Entities

Attack Types (1)

Companies (2)