Ledger Says All Confirmed Cases Trace to Reseller CryptoBilis, Gives No Loss Total
By Unchained
AI summary of the source article
Ledger stated that all confirmed cases of its recent wallet draining incident trace back to devices sold by Southeast Asia reseller CryptoBilis. While Ledger provided no loss total, onchain trackers estimate between $93.2 million and $103.4 million was drained.
Key facts
- Ledger confirmed that all drained devices trace to reseller CryptoBilis, noting one impacted user's device had an unauthorized hardware implant.
- CryptoBilis stopped selling hardware wallets while Ledger reviews controls on authorized resellers and works with authorities.
- Onchain estimates of the theft range from $93.2 million across 315 wallets according to Bitquery to $103.4 million across 530 addresses according to YFarmX.
Source excerpt · Unchained
Onchain trackers put the theft between $93.2 million and $103.4 million, and Bitquery says the thief moved USDC out of five wallets before any freeze. The post Ledger Says All Confirmed Cases Trace to Reseller CryptoBilis, Gives No Loss Total appeared first on Unchained .