Ledger Asks Resellers in Seven Asian Markets to Pull Devices After Suspected $86M Drain

Ledger has asked resellers in seven Asian markets to pull its hardware wallet devices after a suspected $86 million drain, and European chain MediaMarkt Saturn has halted sales following a customer in Germany finding an implant. The incident raises serious concerns about the security of Ledger's supply chain and could undermine confidence in self-custody solutions. Traders may view this as a negative for crypto security and adoption, potentially pressuring sentiment in the short term.