Captainaltcoin Ledger Investigates $86 Million Crypto Theft Linked to Reseller
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- •Over $86 million in cryptocurrency reportedly stolen from Ledger wallets linked to CryptoBilis.
- •Ledger has advised customers not to set up devices purchased from CryptoBilis in the last 90 days.
- •The incident may involve counterfeit or tampered devices, indicating a potential supply chain attack.
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.
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