Ledger Says CryptoBilis Cases Are Limited, but Critics Disagree

TLDR Analysts say up to $94.5 million was stolen from wallets tied to Ledger devices sold by CryptoBilis. Tether has frozen $10 million in USDT linked to the theft. Ledger confirmed an unauthorized hardware implant in at least one affected device. About $81 million could still be traced onchain as of Oct. 11. The exploit has renewed debate over hardware wallets and Bitcoin ETFs. Blockchain analytics firms say attackers stole up to $94.5 million from wallets linked to Ledger devices. The devices were sold by CryptoBilis, a reseller in Southeast Asia. Ledger has not confirmed the total loss.

Source: CoinCentral