GoKawiilLedger halts CryptoBilis reseller sales after reports of $72M-$87M in stolen crypto
Ledger says it is investigating reports of stolen funds from users in Southeast Asia who bought devices through reseller CryptoBilis, and has asked the reseller to pause all sales and shipments pending results. The company told buyers from the past 90 days not to set up their devices, and advised those who already have to transfer assets to a new Ledger with a fresh recovery phrase. On-chain researchers Specter and tanuki42 have separately traced victim wallets to suspected theft addresses, estimating losses above $86 million and $72 million respectively, though Ledger has not confirmed any figure, victim count or cause.