Hackers reportedly compromised a Ledger reseller, CryptoBilis, implanting hardware into devices to steal users' recovery phrases. Estimated losses range from $72 million to $93 million, with thefts occurring between October 9-10, 2026. Ledger confirmed an unauthorized hardware implant in at least one affected device and has instructed CryptoBilis to halt sales.
EQIBank had approximately 80% of its assets frozen as part of a seizure targeting Capstone Limited, leading to a material liquidity crisis for the bank. The seizure is linked to allegations of Capstone misrepresenting its business to banks and processing funds from impersonation fraud schemes.
Thai businessmen are suing Tether to unfreeze $42 million, claiming Tether lacked the authority to freeze the funds in relation to a $61 million pig butchering scam. The plaintiffs admitted their involvement in the scam.