Ledger Requests Halt on CryptoBillis Wallet Sales Amid Theft Claims

Ledger, the maker of popular hardware cryptocurrency wallets, has asked reseller CryptoBillis to suspend all sales of its devices after multiple users reported their accounts being emptied. The company says the incidents appear linked to tampered hardware that was distributed by CryptoBillis.

Ledger confirmed that an investigation is under way and that at least one compromised device was found to contain unauthorized modifications. The firm has not disclosed the exact nature of the tampering but emphasized that it is working with authorities to identify the source.

CryptoBillis has not yet issued a public response, but the pause in sales affects customers in the United States, Europe and other markets where the wallets are sold. Ledger advises users to verify the authenticity of their devices and to monitor their accounts for any suspicious activity.

Why It Matters

The breach highlights security risks for crypto investors in major markets and may prompt tighter oversight of hardware wallet supply chains.