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Ledger investigates hardware wallet theft reports; losses estimated above $86M

News report on a suspected supply-chain attack on Ledger hardware wallets sold by the Southeast Asian reseller CryptoBilis. Ledger asked the reseller to suspend sales and shipments, and told buyers from the last 90 days not to initialize devices. Customers who already set up a device should move funds to a new signer with a fresh seed. Onchain investigator Specter estimated more than $86M stolen from hundreds of wallets across Ethereum, TRON and Bitcoin, with 10 addresses listed. The figure is unconfirmed, and there is no evidence that Ledger's hardware or core infrastructure was compromised. The Security Alliance directs victims to its SEAL 911 Telegram bot.