Cryptobilis Founder Reveals Company Was Sold Months Before Exploit

Arravind Prabu, founder of Cryptobilis, disclosed that the company had been acquired by an undisclosed party earlier this year. While Prabu acknowledged he assisted the current management team in some events, he denied having any operational visibility into the company’s day-to-day operations. Arravind Prabu, founder of Cryptobilis, the company that allegedly sold the Ledger wallets affected by an ongoing exploit, has provided insight into his involvement with the wallet vendor, distancing himself from the current exploit.

Source: Bitcoin.com News