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Hackers ‘Apparently Bought the Reseller,’ Says Changpeng Zhao — Ledger Issues Advisory After Reported $86 Million Crypto Losses

Oct 12, 2026 · 03:34 AM ET· updated 55m ago
Hackers ‘Apparently Bought the Reseller,’ Says Changpeng Zhao — Ledger Issues Advisory After Reported $86 Million Crypto Losses

Binance founder Changpeng "CZ" Zhao reacted on Sunday, October 11, to the Ledger hardware wallet hack that reportedly drained more than $86 million in cryptocurrency.

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Why It Matters

A popular crypto wallet company called Ledger got hacked. Hackers may have tricked someone who sells Ledger products into helping them steal about $86 million in digital money.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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