Ledger Probes $91M Crypto Theft Linked to Southeast Asia Reseller
Users who purchased Ledger devices from reseller CryptoBilis report significant losses, with on-chain data revealing over $86M drained across multiple blockchains.
Users who purchased Ledger devices from reseller CryptoBilis report significant losses, with on-chain data revealing over $86M drained across multiple blockchains. Bitcoin (BTC) is trading at $83,640.00, down 0.6% since this brief published. This is an original Token Times brief based on reporting by The Daily Hodl, with live market data added, as of Mon, 12 Oct 2026 08:45:02 UTC.
This incident highlights the critical security risks associated with hardware wallet resellers and could undermine trust in Ledger's distribution network. It also raises concerns about the safety of user funds when purchasing from unauthorized sellers.
- Over $86M in crypto reportedly stolen from Ledger users in Southeast Asia
- Incidents involve Ethereum, TRON, and Bitcoin wallets
- Ledger investigating claims related to reseller CryptoBilis
- Market cap remains above $2.9T amid broader market recovery
- Ledger Probes $93M Crypto Theft Linked to Tampered Hardware Wallets
- Ledger Probes $91M Crypto Theft Linked to Southeast Asia Reseller — this brief
Ledger is investigating reports that users in Southeast Asia who purchased hardware wallets from reseller CryptoBilis have lost significant amounts of cryptocurrency. The claims suggest that the compromised devices led to the theft of funds from hundreds of wallets.
On-chain analysis cited by The Daily Hodl indicates that more than $86 million has been drained from affected users' wallets across the 
Ethereum, 
TRON, and 
Bitcoin blockchains. This represents a significant security breach potentially affecting hundreds of customers.
While The Daily Hodl is the only outlet reporting on this specific incident, it highlights broader concerns about the security of hardware wallets and the risks associated with purchasing from unauthorized resellers. Ledger has not yet released an official statement on the matter.
The incident comes at a time when the crypto market is experiencing a period of recovery, with the total market cap remaining above $2.9 trillion. Bitcoin is currently trading at $84,164, up 1.24% in the last 24 hours, while Ethereum has gained 2.59% to reach $2,569.79. TRON, one of the affected blockchains, is trading at $0.331794, showing a slight 0.45% increase.
The broader market sentiment, as indicated by the Fear & Greed Index, remains in 'Greed' territory at 69, suggesting that investors are cautiously optimistic despite this security incident.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $84,164.00 to $83,640.00 — -0.62%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.59M (about $83,640.00), up 0.8% over 24 hours. The rupee itself trades about 5.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Ledger Probes $91M Crypto Theft Linked to Southeast Asia Res — questions & answers
How much crypto was reportedly stolen?
Over $86 million was reportedly drained from affected users' wallets.
Which blockchains were affected?
Ethereum, TRON, and Bitcoin wallets were reportedly compromised.
What is Ledger's response?
Ledger is investigating the claims but has not released an official statement.
How much is 1 Bitcoin worth in rupee today?
About ₹8.59M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,640.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.62% since this brief first published — trading at $83,640.00 now versus $84,164.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Daily Hodl. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.