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Crypto & Bitcoin

Crypto Scam: CryptoBilis Ledger Exploit Tops $95 Million as Singapore Reports Tampered Wallets

Reported by Godfrey Benjamin, The Coin Republic

Image: The Coin Republic

Key Insights: The CryptoBilis Ledger crypto scam resulted in $95.35 million in losses across 1,486 addresses, with $30.44 million remaining in tagged wallets. Arkham traced stolen funds across Tron, Ethereum, Bitcoin, and cross-chain bridges, while Tether froze $10 million in USDT. Singapore police reported tampered Ledger hardware wallets linked to at least two cases and $2.7 million in losses. CryptoBilis Ledger drainer stole $95.35 million from 1,486 addresses in the latest crypto scam event. This news comes as Singapore police reported separate cases involving tampered Ledger hardware wallets. The incidents highlight growing risks to cryptocurrency holders.

This is an excerpt. The reporting belongs to The Coin Republic.

Read the full report on thecoinrepublic.com
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