Ledger Asks CryptoBilis to Halt Sales Amid Reports of Lost Funds
- Published
Ledger told CryptoBilis to stop sales after reports of lost funds linked to Ledger devices. Buyers who had purchased devices in the prior 90 days were told to delay setup or move assets to a different Ledger device with a new seed.
Key claims & sources
What it means
Users who bought a Ledger device in the last 90 days are the group most directly affected today, because they were told to delay setup or shift assets to another Ledger device with a new seed. That instruction is immediate and specific to recent purchasers, not to all device owners.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Crypto Briefing
context
BitPinas
adds
U.Today
Cointelegraph
context
AMBCrypto
adds
BitPinas
echo
Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 1.4 years ago | Nobitex · Malware incident | $82M |
| 2.9 years ago | Orbit Bridge · Signature Verification Flaw incident | $81.7M |
| 4.5 years ago | Fei Protocol & Rari Capital · Reentrancy attack incident | $80M |
| 4.8 years ago | Qubit · Missing Input Validation incident | $80M |
| 5.9 years ago | Compounder.Finance · Project owner internal operations incident | $80M |
4282 incidents stored · 94 were as large as this one or larger ($80M)