Crypto HeadlinesLedger Wallet Issues Linked to Seller CryptoBilis
Users in Southeast Asia report cryptocurrency losses from Ledger hardware wallets. The investigation links the incidents to official regional seller CryptoBilis.
Specter analyst detected suspicious transfers exceeding $86 million across Bitcoin, Ethereum, and Tron networks. Ledger launched an internal probe and ordered CryptoBilis to halt device sales pending investigation.
Recommendations for Affected Users
- Do not set up the device if purchased from this seller within the last 90 days
- Consider transferring funds to a new device with a fresh seed phrase if actively used
The cause of thefts remains unknown; direct hacking of Ledger devices is unconfirmed. A definitive link between all identified transactions and CryptoBilis is also not yet established.
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