“Ledger Investigates $87M Crypto Theft Linked to Reseller CryptoBilis, Warns Buyers” — what this page in the network covers. Hardware wallet maker Ledger is probing a potential theft of approximately $87 million in user funds tied to devices sold by reseller CryptoBilis. The company has asked CryptoBilis to halt sales and is urging recent buyers not to set up their devices while the investigation continues. Onchain investigator ZachXBT has tracked more than $86 million in suspected thefts across multiple blockchains, linking compromised wallets to the reseller.
Ledger emphasizes that its own infrastructure remains secure, but the incident highlights risks when devices are purchased through unauthorized channels. Users who bought from CryptoBilis are advised to avoid initializing their wallets and to contact Ledger support. This case underscores the importance of buying hardware wallets directly from the manufacturer or authorized retailers to prevent supply chain attacks. For the complete material, the listing points back to the source inside the network.