#LedgerPausesCryptoBilisSales
🚨 Ledger has suspended CryptoBilis sales: estimated losses of $86 million! 🔐
Ledger has asked its authorized distributor in Southeast Asia, CryptoBilis, to stop all device sales and shipments. 🛑
📦 Reason: reports indicate that users who bought devices from this distributor have lost funds. CryptoBilis sells in Indonesia, Malaysia, and the Philippines. 🌏
💸 Specter estimates that losses tracked across Ethereum, TRON, and Bitcoin exceed $86 million. Arkham reports more than $80 million. Ledger has not yet confirmed these figures. 📊
😰 According to Lookonchain, one investor may have lost around $6.6 million in Bitcoin after receiving a new Ledger device purchased from CryptoBilis. 💔
✅ According to Ledger, incidents are currently limited to products sold by this distributor. No reports involve devices purchased directly from Ledger.
🧐 Question: were the devices tampered with? This has not yet been established. 🕵️
📝 If you bought a device from this distributor in the past 90 days:
1️⃣ If you haven’t set it up, don’t start the setup process.
2️⃣ If you have set it up, consider transferring your assets to a new device and a new recovery phrase.
3️⃣ Create your recovery phrase yourself, only on a device purchased directly from the manufacturer.
📉 In 2026, this is the second major alert involving hardware wallets. In August, a Coldcard vulnerability reportedly cost around $70 million; in April, a fake Ledger Live app reportedly caused losses of around $9.5 million.
Not financial advice.
#STRKRisesAbout20%In24Hours
#TetherFreezesUSDTLinkedToLedgerTheft
#EvernorthCompletesSPACMergerWithArmadaII
$LUMIA
$MAGIC
$NEAR
🚨 Ledger has suspended CryptoBilis sales: estimated losses of $86 million! 🔐
Ledger has asked its authorized distributor in Southeast Asia, CryptoBilis, to stop all device sales and shipments. 🛑
📦 Reason: reports indicate that users who bought devices from this distributor have lost funds. CryptoBilis sells in Indonesia, Malaysia, and the Philippines. 🌏
💸 Specter estimates that losses tracked across Ethereum, TRON, and Bitcoin exceed $86 million. Arkham reports more than $80 million. Ledger has not yet confirmed these figures. 📊
😰 According to Lookonchain, one investor may have lost around $6.6 million in Bitcoin after receiving a new Ledger device purchased from CryptoBilis. 💔
✅ According to Ledger, incidents are currently limited to products sold by this distributor. No reports involve devices purchased directly from Ledger.
🧐 Question: were the devices tampered with? This has not yet been established. 🕵️
📝 If you bought a device from this distributor in the past 90 days:
1️⃣ If you haven’t set it up, don’t start the setup process.
2️⃣ If you have set it up, consider transferring your assets to a new device and a new recovery phrase.
3️⃣ Create your recovery phrase yourself, only on a device purchased directly from the manufacturer.
📉 In 2026, this is the second major alert involving hardware wallets. In August, a Coldcard vulnerability reportedly cost around $70 million; in April, a fake Ledger Live app reportedly caused losses of around $9.5 million.
Not financial advice.
#STRKRisesAbout20%In24Hours
#TetherFreezesUSDTLinkedToLedgerTheft
#EvernorthCompletesSPACMergerWithArmadaII
$LUMIA
$MAGIC
$NEAR