Ledger Probes Potential Theft of $87M in User Funds Tied to Crypto Wallet Reseller

Crypto hardware wallet manufacturer Ledger is investigating a potential theft of $87 million in user funds tied to a reseller, CryptoBilis. Ledger has asked CryptoBilis to pause sales and advised recent buyers not to set up their devices. An onchain investigator has tracked over $86 million in suspected thefts.