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A major crypto security investigation is raising new questions about self-custody.
Hardware wallet maker Ledger is investigating reports of missing funds involving users in Southeast Asia.
On-chain investigators estimate:
💰 More than $86M in suspected losses
Across BTC, ETH and TRON networks.
But the amount and cause remain unconfirmed.
4 signals matter 👇
🔴 ① Affected users reportedly purchased devices through reseller CryptoBilis
⚠️ ② Ledger has requested a suspension of sales and shipments
🔐 ③ Wallet security also depends on device integrity and trusted distribution channels
🟡 ④ There is no confirmed evidence of a compromise affecting all Ledger devices
Now comes the real question:
NOT YOUR KEYS, NOT YOUR COINS.
BUT WHAT IF YOUR DEVICE IS COMPROMISED?
The lesson:
SELF-CUSTODY ≠ AUTOMATIC SAFETY.
CORE VARIABLE:
SUPPLY CHAIN SECURITY
Today I’m watching:
👀 Confirmation of any device tampering 👀 Independent verification of reported losses 👀 Further official security guidance 👀 BTC, ETH and BNB market stability