Bitquery estimates that $10 million has been drained from a wallet linked to CryptoBilis, a platform involved in a significant hacking incident. This estimate is part of a broader $93.2 million loss spanning six different blockchain chains. The incident is closely tied to Ledger, a prominent digital asset manager.
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
Ledger's response to the situation has been criticized, as the company's latest update offers no clear repayment plan for affected buyers, leaving many without a clear path forward.