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🚨 LEDGER UPDATES ON THE CRYPTOBILIS INCIDENT AFTER 72 HOURS Ledger states that all confirmed cases of lost funds so far are linked to devices sold through CryptoBilis. The company confirms that its own systems and direct sales channels have not been compromised. CryptoBilis has ceased all sales of hardware wallets. Ledger also reminds resellers not to resell returned devices, though it has not yet concluded this as the cause of the incident. If you purchased a wallet from CryptoBilis but have not yet initialized it, do not set it up. If you have already used it, Ledger recommends transferring your crypto to a new wallet with a freshly generated seed phrase, created on a device purchased directly from Ledger. Purchasing a new wallet and re-entering the original 24-word seed phrase still carries risk if those words have been exposed. The investigation is ongoing, so no final conclusions have been reached regarding the cause, the number of affected devices, or compensation.

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