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- Ledger probes $87M theft reports 🔓
Ledger probes $87M theft reports 🔓
The hardware wallet manufacturer has asked reseller CryptoBilis to pause sales, and told anyone who bought from it recently not to set up their device.
Stephen Graves
October 09, 2026
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đź“ť What you need to know
Hardware wallet manufacturer Ledger is investigating reports that customers in Southeast Asia lost funds after buying devices from a reseller called CryptoBilis.
As a precaution, Ledger has asked the reseller to pause all sales and shipments. Anyone who bought from CryptoBilis in the past 90 days should hold off setting up their device, Ledger said, and those who already have should consider moving their assets to a new device with a fresh seed phrase.
Onchain investigator Specter has traced more than $86 million in suspected thefts across Ethereum, Tron and Bitcoin, though Ledger hasn’t confirmed the figure or the cause.
It’s the latest in a series of security issues to hit hardware wallet manufacturers in recent months, including August’s $130 million Coldcard exploit, a breach at a Trezor shipping partner that left customer data exposed, a subsequent hack of its email provider.
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