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Ledger Pauses Reseller Sales After $86M Drain Claims

Crypto hardware wallet maker Ledger has suspended sales through its reseller network following claims that roughly $86 million was drained from customers, according to reports carried by Yahoo Finance. The move suggests the company is moving to direct sales while it investigates how the losses occurred. The reported drain has renewed criticism of Ledger's supply chain and security practices among crypto users.

Why now: An alleged $86 million loss of customer funds and Ledger's abrupt suspension of reseller sales have alarmed the crypto community.

Ledger

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