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Hardware wallet manufacturer Ledger asked regional distributor CryptoBilis to suspend all sales and shipments of its products while the company investigates reports of stolen cryptocurrency from users in Southeast Asia.<\/p>\n Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices.\u2026<\/p>\n \u2014 Ledger Support (@Ledger_Support) October 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n The decision follows customer reports of drained wallet balances after purchasing hardware devices from the distributor. \u26a0\ufe0f Beware if you use a Ledger hardware wallet, especially if you bought one recently.<\/p>\n Based on information so far, it seems to be localized to a supply chain attack with one vendor. A small number of people probably bought fake (or tampered) Ledgers.<\/p>\n Ledger is one of the most\u2026 https:\/\/t.co\/zW8wkvdZNf<\/a><\/p>\n \u2014 CZ \ud83d\udd36 BNB (@cz_binance) October 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n Binance founder Changpeng Zhao addressed the situation on social media platform X, attributing the thefts to a localized supply chain attack involving a single vendor. Zhao noted that affected units were likely tampered with or replaced with counterfeit devices before reaching buyers. He added that industry participants across the BNB ecosystem are coordinating efforts to trace and recover stolen digital assets.<\/p>\n Hey @CryptoBilis<\/a> would you be willing to open some of your ledgers in stock to confirm if these contain any spy implant or similar? I’ve been investigating a couple of these here.<\/p>\n \u2014 Mark Karpel\u00e8s (@MagicalTux) October 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n Former Mt. Gox CEO Mark Karpel\u00e8s publicly requested CryptoBilis to open in-stock inventory to inspect units for hardware implants or malicious physical modifications.<\/p>\n Ledger confirmed its internal investigation remains active and directed affected customers to submit inquiry tickets through its official support channel.<\/p>\n CryptoBilis<\/a> is a regional web3<\/a> store and authorized hardware wallet distributor based in Malaysia and the Philippines. It sells brands like Ledger and Trezor and organizes community crypto<\/a> events in the region.<\/p>\n The company annually organizes<\/a> Bitcoin<\/a> Pizza Day events in Malaysia and the Philippines. <\/p>\n Cryptobilis has yet to issue a statement.<\/p>\n This article is published on BitPinas: Ledger Asks MY and PH-based CryptoBilis to Pause Sales Amid User Reports of Drained Funds, Security Concerns<\/a><\/p>\n What else is happening in Crypto Philippines and beyond:<\/p>\n \n<\/div>\n\n
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