Ledger Confirms Wallet Attack, $93M Losses Alleged, $3.89M Traced to Binance

Ledger links confirmed wallet-draining cases to devices sold through Southeast Asian reseller CryptoBilis. Ledger confirms an unauthorized hardware implant was found in one affected device; the exact method used to steal funds remains under investigation. The company says its systems and direct sales channels remain unaffected, while an on-chain investigator estimates losses exceed $86 million. Following widespread reports of missing funds on October 9, French hardware wallet manufacturer Ledger has officially responded to an alleged $86 million drain attack.

Source: DailyCoin