Ledger investigates backdoored wallets from reseller CryptoBilis, $71.5M drained

Ledger is investigating reports of lost funds from users in Southeast Asia who bought devices from reseller CryptoBilis. The company asked the shop to pause sales and shipments and advised users not to set up new devices and to move assets to a new seed. Arkham data shows about $71.5 million still sitting in flagged addresses.

• Ledger asked CryptoBilis to pause all sales and shipments during the review
• Users who bought in the last 90 days are told not to set up devices and to change seed
• Arkham: about $71.5M in flagged addresses, including $29.4M in ETH and $17.5M in BTC
• Mark Karpeles showed an opened Ledger from Malaysia with a hidden LTE module and eSIM