Ledger, the Paris-based hardware wallet maker, is investigating reports that more than $86 million in cryptocurrency was drained from users in Southeast Asia who purchased devices through a single reseller, prompting the company to halt that vendor’s sales and warn recent buyers to hold off on activating their wallets.
The company said Friday it had asked CryptoBilis, an authorized reseller in Indonesia, Malaysia and the Philippines, to pause all sales and shipments of Ledger devices while the investigation unfolds. Customers who bought from the reseller within the past 90 days were told not to set up their devices if they had not already done so. Those who had initialized their wallets were advised to consider moving assets to a new…







