Ledger asks users to take urgent action amid $86M exploit report

The "gold standard" of crypto security has failed: over $86 million has reportedly been drained from Ledger wallets linked to a single reseller. If you bought a device from CryptoBilis recently, your assets are at risk and must be moved to a new recovery phrase immediately. This massive exploit proves that hardware wallets are only as safe as their supply chain. Can we ever truly trust cold storage if a reseller can bypass its security? What’s your take?
This summary was generated by AI