Ledger Wallet Faces $103M Losses from Compromised Devices Sold by CryptoBilis

• •Ledger Wallet received tampering alerts months before the theft incident.
• •Over $103 million has been reported stolen from compromised devices sold by CryptoBilis.
• •Customers are advised not to initialize devices purchased from CryptoBilis in the last 90 days.

Ledger Wallet is under scrutiny following reports of over $103 million in cryptocurrency theft linked to compromised hardware wallets sold through the Southeast Asian reseller CryptoBilis. Initial alerts about tampered devices were reportedly received by Ledger as early as December 2025, but the company did not publicly address these warnings. Security expert Taylor Monahan indicated that many recent loss reports stem from scams targeting concerned users rather than direct exploitation of the compromised devices. Ledger has advised customers who purchased devices from CryptoBilis in the last 90 days to avoid initializing them and to transfer their assets to new wallets. The investigation is ongoing, and Ledger has suspended sales through CryptoBilis while cooperating with authorities. The total number of affected addresses is estimated at 530, with losses initially reported at $86 million before being revised to over $103 million.