🙂 Ledger Investigates $86M+ in Suspected Crypto Theft
👛 Ledger is investigating reports of over $86 million in suspected crypto theft involving customers who purchased hardware wallets through Southeast Asian reseller CryptoBilis.
The company confirmed that an unauthorized hardware implant was found in one affected device. CryptoBilis has suspended sales while the investigation continues.
🙂 The total losses and the implant’s connection to the reported thefts remain unconfirmed. Ledger says its own systems have not been compromised.
🙂 US Government Moves $470M in Seized Crypto to Coinbase
The U.S. government has reportedly moved around $470 million worth of seized cryptocurrency, including Bitcoin, WBTC and USDT, to wallets linked to Coinbase Prime.
The assets are connected to seizures related to the 2016 Bitfinex hack and FTX/Alameda.
The transfers have sparked speculation that the government could be preparing to sell the assets, although no sale has been confirmed and the funds could simply be undergoing custody or administrative transfers.
🙂 17 Arrested in $8M Crypto Investment Fraud in Greece
🇬🇷 Greek police have arrested 17 individuals allegedly involved in a large-scale cryptocurrency investment scam that reportedly attracted over 10,000 participants.
Authorities say the suspected pyramid scheme promised to double investors’ money within 50 days, generating approximately $8 million through an online platform.
Investigators have identified 18 victims with confirmed losses totaling €55,970, while the investigation remains ongoing.