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Ledger user loses $7M in USDT in major theft linked to CryptoBillis distributor

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Ledger user loses $7M in USDT in major theft linked to CryptoBillis distributor

A Ledger hardware wallet user lost 7 million USDT, worth about $7 million, in a theft that may be the largest single loss involving devices bought through CryptoBillis. The user bought the Ledger device three weeks before depositing the funds, which were stolen about 10 hours before October 9 at 11:35 a.m. ET. Multiple users who purchased Ledger wallets from the same distributor have been affected, with combined losses nearing $90 million. This incident highlights significant security risks associated with certain hardware wallet distributors.

The recent Ledger hardware wallet theft involving $7 million USDT loss provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 09, 2026 21:41 WIB: out of 50 major cryptocurrencies, 12 rose and 37 fell. Notable movers include DOT (Polkadot) at Rp20.917 with a 1-day change of +5.11% and a typical hold time of 121 days, SUSHI (SushiSwap) at Rp4.075 down 4.67%, and EGLD (MultiversX) at Rp71.294 down 4.47%.

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