protos.comarticleLedger says Southeast Asia reseller linked to $86M draining
Protos reports that Ledger users who bought devices from the Malaysian/Southeast Asian reseller CryptoBilis have been drained of an estimated $72M to over $86M, per on-chain tracing by analysts Specter and Tanuki42. Ledger told CryptoBilis to pause sales and shipments, and advised buyers from the past 90 days not to set up their devices, or to move funds to a new signer if they already had. The article cites Mark Karpelès on reseller wallets found tampered with and implanted with spyware, and Taylor Monahan warning that there is no sign of a zero-day and that panic migration invites phishing and fake-ad drainers.
TL;DR Ledger wallets bought via reseller CryptoBilis drained for ~$72–86M, pointing to reseller-channel tampering rather than a zero-day; Ledger advises not setting up devices and migrating funds.
Organisations named here
- Justin Drake
- Mark Karpelès
- Tanuki42
- Taylor Monahan
Technologies named here
- Ledger wallets sold by resellers
- Ledger
- Specter
Threat actors named here
- CryptoBilis
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