The Block (@TheBlockCo): THE BLOCK: Ledger said it is investigating reports of lost funds involving users in Southeast Asia who purchased devices from reseller CryptoBilis.
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THE BLOCK: Ledger said it is investigating reports of lost funds involving users in Southeast Asia who purchased devices from reseller CryptoBilis. Ledger said it has asked CryptoBilis to pause sales and shipments while the investigation continues. It advised customers who bought devices from the reseller in the past 90 days not to set them up, or to move their assets to a new Ledger signer with a new seed if already set up. Onchain investigator Specter estimated that more than $86 million had been drained from hundreds of wallets across Bitcoin, Ethereum and Tron. Security researcher tanuki42 earlier put the losses at more than $72 million and said the figure was increasing. $BTC, $ETH, $TRON