[Former CryptoBilis Head Denies Involvement in Ledger Security Incident, States Exit from Company Operations in March with No System Access Rights] Odaily Planet Daily News – Former head of crypto hardware wallet distributor CryptoBilis, Arravind Prabu, has issued a statement regarding the recent security incident involving CryptoBilis and Ledger, denying any connection to the incident. Arravind stated that CryptoBilis had previously been acquired by a new team, and both he and Vimalatheethan officially handed over all operational, management, and administrative responsibilities of the company in March 2026. Since the handover, the two no longer have any access rights or management control over the company’s backend systems, customer database, order records, or corporate communication channels. (Cointelegraph)