Ledger is investigating the theft of assets from users in Southeast Asia, involving devices from the distributor CryptoBilis.

BlockBeats news, October 9: Crypto hardware wallet manufacturer Ledger is investigating an asset theft incident involving users in Southeast Asia, who had purchased devices through the reseller CryptoBilis.

Ledger has requested CryptoBilis to suspend sales and shipments, and advises users who bought devices through this reseller in the past 90 days not to initialize the devices; if setup has already been completed, they should create a new Ledger signing device with a new mnemonic phrase and transfer assets to a new wallet.

On-chain investigator Specter estimates that the incident has led to the theft of hundreds of wallets on the Bitcoin, Ethereum, and Tron networks, with losses exceeding $86 million. Security researcher tanuki42 previously estimated losses had exceeded $72 million and stated the amount is still increasing. Currently, the specific cause of the incident and whether the involved devices have security vulnerabilities remain to be investigated and confirmed.