Ledger Digs Into The $86M Crypto Drain As Reseller Supply Worries Creep Up 🕸️🦇

Omggg you guys on-chain researchers are estimating $72 million to $86 million could be missing rn as Ledger digs into reports of huge crypto losses from peeps who grabbed hardware wallets via an authorized Southeast Asian reseller 💀. The hardware wallet maker stated no sign their own systems got hit yet users are flooding X to vent about big drains 😈.

How Much Was Stolen? 💸

Ledgers official support crew on X confirmed they are checking user reports from CryptoBilis buyers in Indonesia Malaysia and the Philippines while telling that reseller to pause sales and shipments for now 🖤. Anyone who bought from them in the last 90 days and skipped setup should not start rn tho 💀. Already using one of those? Consider moving assets to a fresh Ledger with a new seed phrase 👀. On-chain sleuth tanuki42 traced over $72 million to shady theft wallets while Specter put losses past $86 million across BTC ETH and TRX 🔍. Ledger hasnt confirmed those numbers and overlap stays unclear ⚠️. MistTrack thinks it could hit closer to $90 million while Tether froze some USDT in connected wallets 🕵️‍♀️.

What Happened? 😱

Details stay scarce but CZ dropped that it looks like a localized supply chain attack on one vendor where a few customers maybe got fake or tampered devices 🔥. Former Mt Gox CEO Mark Karpeles noted he already checked modified Ledgers with hidden implants and asked CryptoBilis to inspect their stock for similar parts 😭. He said the implant could watch internal comms to snag recovery words even if the real secure element stayed untouched. Ledger insists reports tie only to CryptoBilis products with zero compromise to their core setup. One user Edward Winz publicly shared he lost $1 million in this mess. This hits just a month after Trezor had its own breach exposing over 80,000 US users data.

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Just another echo from the void by iconofsin.eth 💖

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