Ledger Responds to Wallet Drain on Bitcoin, Ethereum, and TRON
@Ledger says it is investigating claims that customers in Southeast Asia had funds drained through device purchases from reseller CryptoBillis.
Ledger has suspended all sales and deliveries from this reseller as a precaution.
According to on-chain analysis, the theft resulted in more than $86 million in losses from hundreds of Ledger-connected wallets on $BTC, $ETH, and $TRX blockchains.
Analysts describe the process as well coordinated; however, Ledger did not confirm any vulnerabilities in its devices or software.
The root cause is yet to be established.