News Watch | Ledger Investigates Asset Theft Affecting Southeast Asian Users, Involving Devices from CryptoBilis Distributor
Crypto hardware wallet manufacturer Ledger is investigating an asset theft incident involving users in Southeast Asia who purchased devices through distributor CryptoBilis. Ledger has asked CryptoBilis to suspend sales and shipments, and advised users who purchased devices through the distributor in the past 90 days not to initialize them for now. If setup has already been completed, users should create a new Ledger signing device with a new recovery phrase and transfer their assets to a new wallet.
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