[New Clues in Ledger Theft Case: Distributor CryptoBilis Changes Ownership in March, Shareholder Records Point to Chinese National] BlockBeats News, October 10: During the investigation into a suspected supply chain attack on Ledger devices, it was revealed that Malaysian hardware wallet distributor CryptoBilis had undergone a change in ownership earlier this year. Newly disclosed company records show that an individual named Jiaming, with a registered address in Heilongjiang Province, China, has held 100% of the company's shares since August 3. A former co-founder of CryptoBilis confirmed that the company was acquired in March this year, and the original shareholders subsequently withdrew from all operational, managerial, and administrative roles. The co-founder stated that the founding team has been unable to understand the company's actual operations since the handover, only continuing to assist with some coordination activities. They emphasized, "We are no longer part of the company," and urged the current management to handle the incident transparently. The disclosure of this ownership change comes as CryptoBilis is under scrutiny for allegedly being involved in a supply chain attack on Ledger hardware wallets. The affected devices are reportedly embedded with hidden modules capable of stealing seed phrases. However, there is currently no conclusive evidence linking CryptoBilis' ownership change to the wallet theft incident. CryptoBilis has temporarily suspended the sale and shipment of all branded hardware wallets through its physical stores and online channels in Malaysia, the Philippines, and Indonesia. It has also closed its physical stores until further notice. [Original Link]