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October 14th 2026, 3:09 PM

Ledger Suspends Southeast Asian Reseller Sales Amid Crypto Wallet Hack Investigation

Ledger Suspends Southeast Asian Reseller Sales Amid Crypto Wallet Hack Investigation

Key Summary

Ledger has suspended sales of its cryptocurrency hardware wallets in Southeast Asia and Hong Kong amid an investigation into a suspected $90 million crypto drain, with the company confirming incidents only in the region and denying any infrastructure compromise.

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Incident Overview

Ledger has suspended sales of its cryptocurrency hardware wallets in Southeast Asia and Hong Kong amid an investigation into a suspected $90 million crypto drain.

Background

The company confirmed incidents only in the region and denied any infrastructure compromise.

Investigation

Ledger is investigating an incident in which someone in the distribution chain tampered with the devices and later drained crypto from them.

Response

The company has asked resellers and distributors in Southeast Asia and Hong Kong to suspend sales of its devices while the investigation progresses.

Other makers of crypto hardware wallets are reassessing their relationships with third-party sellers following the incident.

Ledger, CryptoBilis, OneKey, Trezor

Regulatory Enforcement

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#Crypto#SoutheastAsia#SEC

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