Bitcoin holder loses 80 BTC worth $5.2 million after moving funds to reseller-bought Ledger

Photo: Crypto Briefing
Ledger is investigating a string of losses tied to Southeast Asian reseller CryptoBilis, with on-chain analysts estimating total damage between $72 million and over $87 million A Bitcoin holder watched 80 BTC, worth $5.2 million, vanish after moving the coins onto a Ledger hardware wallet. The device was not bought from Ledger directly. It came from CryptoBilis, a reseller operating in Southeast Asia. The transfer to the new device happened just one week before the funds disappeared. The 80 BTC loss is not an isolated case. Multiple buyers who purchased Ledger devices through the same reseller have reported significant losses.
Source: Crypto Briefing







