Ledger Wallet Hack Probe Intensifies After $86M in Suspected Crypto Theft
Photo: The Coin Republic
Key Insights: The Ledger wallet hack involves over $86 million in suspected losses affecting Southeast Asian users who bought devices from CryptoBilis. On-chain traces show funds drained across Bitcoin, Ethereum, and TRON, prompting Ledger to order the reseller to halt sales and shipments. Ledger advises customers who bought devices from CryptoBilis within the past 90 days to avoid setup or, if already initialized, move funds to a new Ledger using a fresh seed phrase. The Ledger wallet hack probe began on October 9, 2026, following reports of more than $86 million in suspected crypto theft.
Source: The Coin Republic
