Ledger Requests Reseller Withdrawal of Devices in Seven Asian Markets Amid Suspected Large-Scale Loss

According to Decrypt, Ledger has instructed resellers in seven Asian markets to remove Ledger hardware wallet devices from sale and distribution. The action follows a suspected drain involving approximately $86 million, though Ledger did not specify the exact amount or provide confirmed evidence of theft.

The company cited concerns related to unauthorized access or misuse of devices through reseller channels as the basis for the request. Resellers in the affected markets are advised to stop selling, distributing, or servicing Ledger devices pending further review.

In a separate development, European electronics chain MediaMarkt Saturn has also paused all Ledger hardware wallet sales in Germany after a customer reported discovering an unauthorized item inside a device they purchased. MediaMarkt Saturn did not provide additional details about the object or how it was found. The incident prompted the retailer to halt Ledger product offerings temporarily.

Ledger has not released public details on which specific Asian markets are involved, the timeline for reseller actions, or internal investigation findings. No official statement confirmed the cause of the suspected loss or named responsible parties. Resellers are expected to follow Ledger’s guidance until an update is issued.