Ledger limits wallet draining investigation to Southeast Asian reseller CryptoBilis
Hardware wallet maker Ledger announced that all confirmed incidents in an October 9 fund-draining investigation are tied exclusively to devices sold by reseller CryptoBilis.
FTMQ Crypto, written by our newsroom0 views
Cryptocurrency hardware wallet manufacturer Ledger stated on October 11 that all confirmed cases in an October 9 theft investigation involve devices purchased from CryptoBilis. UToday Crypto News and The Defiant both reported that CryptoBilis is an authorized reseller for Ledger in Southeast Asia. Ledger stated that the total number of impacted devices remains limited, though the firm did not reveal the exact number of compromised wallets. [1][2][3]
Ledger emphasized that the incident did not affect its internal systems or its direct sales channels, according to UToday Crypto News and The Defiant. Following the thefts, CryptoBilis halted its hardware wallet sales. Ledger reminded all of its resellers that they must never restock returned products. [1][2][3]
UToday Crypto News reported that French firm Ledger is collaborating with relevant authorities to determine how the thefts occurred. The company is also reaching out directly to contact affected customers. [1]
In short
- Ledger tied all confirmed cases in its October 9 wallet-draining investigation to reseller CryptoBilis.
- CryptoBilis has halted sales of hardware wallets following the incident.
- Ledger stated its internal systems and direct sales channels were unaffected by the theft.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Ledger Reveals New Twist in Crypto Wallet Draining Saga, Says Scope Is LimitedUToday Crypto News, 5h ago (the report this story comes from)
- [2]Ledger User Reports Hardware Implant in Wallet Bought in EuropeThe Defiant, 8h ago
- [3]Ledger Says All Confirmed Draining Cases Involve CryptoBilis-Sold DevicesThe Defiant, 9h ago
- [4]Ledger Reveals New Twist in Crypto Wallet Draining Saga, Says Scope Is LimitedCryptonews.net, 5h ago
Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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