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blockchainOct 12, 2026AI summary

CZ Claims Hackers Bought CryptoBilis as Ledger Investigates Wallet Drains

CZ alleges hackers acquired CryptoBilis, while its former founders say operations changed hands in March and disclosure was delayed under the sale agreement.

CZ Claims Hackers Bought CryptoBilis as Ledger Investigates Wallet Drains

CZ has alleged that hackers acquired CryptoBilis, according to The Defiant. The claim comes as Ledger investigates reports of funds being drained from wallets.

CryptoBilis’s former founders say they transferred control of the reseller’s operations in March. They say the acquisition agreement required them to hold off on publicly announcing the sale until mid-October.

The available report does not establish who was behind the alleged wallet drains or whether the CryptoBilis acquisition was connected to them. CZ’s allegation remains unverified in the supplied account.

Source: The Defiant

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