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Ledger Ties All Confirmed Cases in Suspected $87M Drain to Reseller CryptoBilis

Ledger said all confirmed cases in a suspected $87 million drain are tied to reseller CryptoBilis, adding that its own systems and direct sales are unaffected. The wallet manufacturer also said CryptoBilis has stopped selling hardware wallets.

Original source

AI take

The detail that matters is the distribution layer, not the device: Ledger is drawing a line between its own systems and direct sales and a third-party reseller, which puts the reputational question on supply-chain handling rather than the hardware itself. That distinction matters for anyone who bought through resellers, since proof-of-purchase channels now determine who is treated as exposed. Whether other resellers face similar scrutiny, and how buyers verify provenance of wallets not bought direct, is the open question.

Generated by AI for reference only.

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