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Crisis in crypto custody? Ledger investigating $86M theft

Crisis in crypto custody? Ledger investigating $86M theft

00:00 Speaker A

Hey yeah, Ledger investigates potential wallet tampering after reports of 86 million dollars in crypto stolen.

00:15 Speaker A

The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl about crypto assets drained from Bitcoin, Ethereum, and Tron addresses.

00:30 Speaker A

So they confirmed over the weekend that there was an issue here and that it came from their third-party seller, which is an approved third-party seller, which is crypto Bilis. B I L I S, nobody knows how to say that. Bilis? Bilice?

00:50 Speaker A

Crypto Bilice. I’m going with Bi-lice. So, BitQuery is estimating 93.2 million in linked losses.

01:00 …

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