Ledger finds unauthorized hardware in wallet sold via CryptoBilis

Ledger said it identified an unauthorized hardware component in at least one device tied to a recent crypto theft case, according to CoinDesk. The confirmed cases so far involve products sold through Southeast Asian distributor CryptoBilis, Ledger said. On-chain analysts estimated the incident drained about $86 million to $93.4 million in assets from more than 300 wallets across multiple blockchains.