Ledger says it's tracing a $93M theft tied to CryptoBilis, $10M frozen so far

Ledger, the hardware wallet company, says it's helping track down funds from a scam or hack linked to something called CryptoBilis. They estimate around $93 million moved through the scheme, and investigators have managed to freeze about $10 million of it so far. Ledger is framing the damage as 'limited,' meaning they don't think it affects most of their users directly.

If you own a Ledger device, this isn't about a flaw in your hardware wallet itself—it sounds more like a separate scam operation being investigated, so most Ledger users likely aren't affected.

No urgent action needed just from this headline. If you're unsure whether you interacted with CryptoBilis or a related service, double-check your accounts and consider moving funds to a wallet only you control if you're worried.