On November 11, 2026, Sui-native hardware-wallet project Suiball said it would shut down and refund all preorders. According to TechFlow’s report, Suiball said the Sui Foundation considered continued support for a hardware-wallet project too risky following several recent security incidents in the industry. The report did not independently establish the Foundation’s position or provide details of those incidents.
Suiball said its hardware had been developed and had entered production, with shipments to its first supporters originally planned. It described this refund process:
- Approximately 80% of on-chain preorder orders would automatically receive USDC refunds within the following week, sent to wallets holding the preorder NFTs.
- Credit-card preorder customers would need to provide a Sui wallet address through official email to receive a USDC refund.
The project said it would permanently delete personal information supplied by users after refunds were complete, then formally close. These were Suiball’s plans as reported on November 11, not confirmation that refunds or deletion were subsequently completed.
Original report: TechFlow, November 11, 2026, 09:54 (UTC+08:00).