Ledger Investigates Possible Wallet Tampering After $86 Million Theft
- Ledger has requested CryptoBilis to pause all sales and shipments amid an ongoing investigation.
- Customers who bought devices from CryptoBilis in the last 90 days should refrain from setting them up.
- The potential theft adds to a challenging year for crypto security, with Bitget losing over $350 million last month.
- Other significant incidents include Liquid Network ($320 million), Drift ($295 million), and Kelp ($293 million) according to DefiLlama data.
- A possible explanation for Ledger’s incident is a supply-chain attack, where hardware wallets may be tampered with before delivery.
The investigation is still underway, and it remains unclear how many users are affected or the total cryptocurrency lost in this incident. This situation highlights ongoing vulnerabilities in crypto security, particularly related to Hardware Wallet safety.
As of now, Ledger is advising users who activated their wallets to consider transferring assets to new devices following concerns over the reported $86 million theft. (Source)
