OneKey Terminates Partnership with CryptoBilis After Unauthorized Hardware Found

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OneKey announced the termination of its partnership with dealer CryptoBilis after Ledger confirmed that unauthorized hardware was found in devices sold through this channel. The announcement coincides with offers of free replacements to affected users. Blockchain news outlets such as Odaily reported the incident, with Specter estimating losses exceeding $86 million. Ledger clarified that confirmed cases are limited to CryptoBilis inventory. OneKey CEO Yishi Wang stated that no user losses have been reported, but warned that asset security cannot rely on luck.

Odaily Planet Daily reports that Bitcoin News posted on X that OneKey has terminated its partnership with distributor CryptoBilis and is offering free replacements after Ledger confirmed unauthorized hardware implants on devices sold through this distributor. Blockchain investigator Specter estimates related losses exceeding $86 million. Ledger has not confirmed the total loss amount and stated that the verified cases involve only CryptoBilis inventory, not its own distribution channels. OneKey CEO Yishi Wang said no user losses have been reported, but user asset security cannot rely on luck.

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