Sui Hardware Wallet Suiball Shuts Down With USDC Refunds for 80% of Preorders

Sui hardware wallet Suiball shut down after the Sui Foundation withdrew backing over security risk. USDC refunds will cover about 80% of preorders. The wallet's closure follows the foundation's decision to cut support, leaving many customers partially reimbursed. The move highlights the fragility of hardware wallet projects dependent on foundation backing.