Blockchain Investigations, Blockchain Forensics & Tracking, Cybersecurity, Funds Recovery, Funds & Security Audits, Compliance/Regulations Consulting, Advising.

USA
Joined November 2018
Ledger, Oct. 15: reseller sales pause requested in SE Asia/Hong Kong. CryptoBilis buyers: don't set up devices; if set up, move assets promptly to a new signer/new seed. Never enter or restore a phrase on the CryptoBilis device. ledger.com/blog-response-har… xitter.cf/Ledger/status/21098967…
Update from Ledger Donjon on the CryptoBilis investigation 🔽 @DonjonLedger is investigating Ledger signers sold by CryptoBilis, a reseller in Southeast Asia, that contained an unauthorized hardware implant. Ledger confirmed this on October 10th for one affected user's signer. All confirmed fund losses tied to the incident disclosed on October 9th involve signers sold through CryptoBilis. We have not verified a drain linked to a signer bought elsewhere. CryptoBilis has confirmed it stopped selling Ledger signers while the investigation continues. Based on the Donjon's analysis of the attack, the implant sits inside the enclosure and reads the data shown on the screen. During setup, the signer displays the 24-word recovery phrase. When the implant detects these screens, its microcontroller decodes the words and transmits them over LTE using a provisioned eSIM. The implant is a separate component. It does not modify the Secure Element or the Ledger operating system, and it does not alter transactions or signatures. The Donjon will analyze the signers it receives and will share more as the investigation continues. We have not confirmed the total number of affected users or the total value lost. Figures circulating online come from third parties and Ledger has not fully verified them. If your funds were drained and you have not contacted us, please do so through Ledger Support so we can include your case. We are also reviewing reports of implants in other signers and locations. We will continue to share information as the investigation progresses. Rest assured the Ledger team is going above and beyond to leave no stone unturned to investigate this situation to the strongest possible outcome. If you bought a Ledger signer from CryptoBilis and have not set it up, do not set it up and contact Ledger Support. If you have set it up, transfer your assets promptly to a new signer with a new recovery phrase. Do not enter or restore any recovery phrase on a signer bought from CryptoBilis. Never enter your recovery phrase into a website, app or form. If you lost funds or hold a tampered signer, contact Ledger Support at support.ledger.com and file a report with local law enforcement. Do not send the signer to anyone before speaking with Ledger Support or local law enforcement. If you lost funds, coordinate with law enforcement before opening the signer. Researchers and others with relevant information can write to security@ledger.com. If you did not buy from CryptoBilis and want to inspect the inside of your signer, the guide is at support.ledger.com/article/4…. Use caution and make sure your recovery phrase is backed up first, because opening a signer can damage it. Ledger will never call you, message you directly, or ask for your 24-word recovery phrase. We will update this post when we verify new information.
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Ledger confirmed a hardware implant in at least one CryptoBilis-sold device. Investigation continues. CryptoBilis buyers: don't initialize it. Already did? Follow Ledger's guidance: a new Ledger-direct device and newly generated recovery phrase. coindesk.com/tech/2026/10/12…
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A banking group is challenging the OCC’s crypto trust-charter authority. A lawsuit, not a ruling. Due diligence means checking the legal entity, approval conditions and custody safeguards behind the regulatory label. decrypt.co/380017/banking-gr…
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NEAR Intents says ~$3.8M was returned after it claimed to know the attacker’s identity. Proven identity or bluff? Publicly unknown. Teams like CipherBlade can compile attribution evidence to support recovery efforts. No guarantees. decrypt.co/380014/near-inten…
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US authorities restrained $52M in crypto and designated Xinbi a transnational criminal org. Seizing Telegram channels and payment rails targets scam infrastructure, not just operators. #CryptoScam #Sanctions #AML Original report: cointelegraph.com/news/us-sa…
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