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altcoinOct 12, 2026AI summary

Ledger Links Confirmed Cases in Suspected $87M Drain to CryptoBilis

Ledger says every confirmed case in a suspected $87 million drain is linked to reseller CryptoBilis, while its own systems and direct sales remain unaffected.

Ledger Links Confirmed Cases in Suspected $87M Drain to CryptoBilis

Hardware wallet maker Ledger said all confirmed cases associated with a suspected $87 million drain were connected to reseller CryptoBilis, according to Decrypt.

Ledger said the issue had not affected its own systems or wallets sold through its direct sales channels.

The company also said CryptoBilis had halted hardware wallet sales. The reported $87 million drain remains characterized as suspected.

Source: Decrypt

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