BitcoinNews on Nostr: HARDWARE WALLET RESELLER CRYPTOBILIS SOLD TO CHINESE NATIONAL BEFORE SUSPECTED SUPPLY ...
HARDWARE WALLET RESELLER CRYPTOBILIS SOLD TO CHINESE NATIONAL BEFORE SUSPECTED SUPPLY CHAIN ATTACK
Newly surfaced corporate records indicate that Malaysian hardware wallet reseller CryptoBilis changed ownership, with an individual identified as Jiaming, whose registered address is in China’s Heilongjiang province, listed as holding 100% of the company’s shares as of August 3.
The company’s former co-founder has now confirmed that CryptoBilis was acquired in March, when the original owners stepped down from all operational, managerial, and administrative roles.
According to the statement, the founders have had no operational visibility since the handover, although they continued assisting with event coordination.
“We are no longer part of the company,” the former co-founder stated, urging current management to resolve the situation transparently.
The revelation comes amid an investigation into a suspected Ledger hardware wallet supply chain attack involving devices modified with hidden implants capable of stealing seed phrases.
There is currently no confirmed evidence linking CryptoBilis’ ownership change to the suspected wallet compromises.
h/t cryptoian and Bored2AI
Published at
2026-10-10 00:36:38 UTCEvent JSON
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"content": "HARDWARE WALLET RESELLER CRYPTOBILIS SOLD TO CHINESE NATIONAL BEFORE SUSPECTED SUPPLY CHAIN ATTACK\n\nNewly surfaced corporate records indicate that Malaysian hardware wallet reseller CryptoBilis changed ownership, with an individual identified as Jiaming, whose registered address is in China’s Heilongjiang province, listed as holding 100% of the company’s shares as of August 3.\n\nThe company’s former co-founder has now confirmed that CryptoBilis was acquired in March, when the original owners stepped down from all operational, managerial, and administrative roles.\n\nAccording to the statement, the founders have had no operational visibility since the handover, although they continued assisting with event coordination.\n\n“We are no longer part of the company,” the former co-founder stated, urging current management to resolve the situation transparently.\n\nThe revelation comes amid an investigation into a suspected Ledger hardware wallet supply chain attack involving devices modified with hidden implants capable of stealing seed phrases.\n\nThere is currently no confirmed evidence linking CryptoBilis’ ownership change to the suspected wallet compromises.\n\nh/t cryptoian and Bored2AI\n\nhttps://image.nostr.build/93da5cbcdbf207b78846e49d382adb42fc3b340c6a492728eec2b144aba30e6e.jpg",
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