Ledger probes reseller-linked wallet thefts as estimated losses top $86M
Ledger is looking into reports of stolen hardware wallets sold by CryptoBilis in Southeast Asia and has asked the reseller to stop selling and shipping devices. An onchain investigator, Specter, estimated that hundreds of wallets lost more than $86 million, though the figure has not been independently confirmed. Ledger told recent CryptoBilis buyers not to activate their devices and advised users who already set them up to move assets to a new signer with a fresh seed phrase.
... Need maybe "EXPANDED:" and "CONTEXT:" labels. Plain text. No markdown? Fine. Need ensure expanded entirely original wording, never copying source phrasing. Some terms unavoidable: Ledger, CryptoBilis, Southeast Asia, Ethereum, TRON, Bitcoin, Specter, $86 million. That's okay. Avoid exact phrases: "hardware wallet theft reports" maybe not. "supply-chain attack" maybe source. We can mention "supply-chain compromise" maybe okay. But expanded only factual detail. We didn't mention CZ, Security Alliance, BNB. Could include? Under 120 total. We have enough. Maybe need "additional factual detail and background drawn ONLY from material above". We included. Good. Potential issue: "The company advised buyers from the past 90 days not to activate their wallets" Source says "Ledger advised customers who purchased devices from CryptoBilis within the past 90 days not to initialize them." We rephrased. Good. "those who already set them up were told to consider moving funds to a new Ledger sig