Ledger Cold Wallet Suspected of Having Been Hit by a Supply-Chain Attack; Officials Investigate CryptoBilis’ Transfer to an Individual from Heilongjiang.
Ledger announced on Oct. 9 that it was investigating the theft of funds from Southeast Asian users who purchased devices from CryptoBilis, a Malaysian hardware wallet distributor. On-chain security firm MistTrack said reported losses were close to $90 million. During the investigation, CryptoBilis’ ownership change in March this year was also revealed, with the company’s current sole shareholder registered at an address in Heilongjiang Province, China. Suspected Supply Chain Attack Former Mt. Go