October 14th 2026, 12:01 PM
Ledger Cracks Down on Southeast Asia Resellers Amidst Spyware Scare
Key Summary
Ledger, a prominent crypto wallet firm, has asked resellers in Southeast Asia to halt sales of its devices due to a spyware scare linked to an $86 million crypto hack. The move comes after Ledger suspended a reseller in Malaysia and is part of the company's efforts to investigate the incident and identify responsible parties.
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Background
The incident began with a $86 million crypto hack linked to devices sold through CryptoBilis, a Malaysian reseller. Ledger has since suspended CryptoBilis and is now asking other resellers in Southeast Asia to stop selling its devices.Investigation
Ledger is conducting an investigation to discover where in its supply chain the devices have been tampered with and who is responsible.Reseller Suspension
The company has asked resellers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, and Hong Kong to suspend sales, including major retailers such as LazMall, Shopee, and Tokopedia.Rival crypto wallet firm Trezor has also suspended some of its resellers out of caution, citing a lack of evidence that its devices have been compromised.
Investigation Ongoing
Ledger has redirected inquiries to its recent X statement, stating that it is a sensitive and ongoing investigation that will be communicated further when more information is available.#Ledger#SoutheastAsia#CryptoHack#ResellerSuspension