Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses

What happened

Bitcoin Magazine Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses Hardware wallet manufacturer Ledger is investigating after users reported having wallets drained. Bitcoin Magazine Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses Hardware wallet manufacturer Ledger has said that it is investigating loss of user funds after customers in South East Asia reported issues with devices bought from a reseller.

Ledger did not reveal how much money users had lost but one blockchain investigator, Specter, wrote on X that he’d traced theft addresses following social media posts and that over $86 million had been lost. The Paris-based company on Friday advised customers who’d bought from vendor CryptoBilis within the last 90 days to not set up their devices. BREAKING: Ledger reports loss of funds from users in South East Asia who purchased products from the reseller "CryptoBillis".

Key facts

• BREAKING: Ledger — reports: loss of funds from users in South East Asia who purchased products from the reseller "CryptoBillis"