• Ledger is investigating reported crypto losses linked to devices sold by Southeast Asian reseller CryptoBilis.
• Blockchain researchers estimate suspected thefts exceed US$86 million, but the losses remain unconfirmed.
• Ledger has urged CryptoBilis to suspend sales and warned recent buyers against activating their devices.

Ledger is probing suspected crypto losses exceeding US$86 million linked to devices sold by Southeast Asian reseller CryptoBilis.

CryptoBilis is an authorised Ledger reseller in Indonesia, Malaysia and the Philippines, placing regional customers at the centre of the investigation.

“Ledger’s infrastructure, systems and services were not compromised,” the company said in a statement, adding that its investigation remained…