Suiball, a Sui-focused hardware wallet project, said it would close and refund preorders, according to PANews, which reported the announcement on November 11, 2026, at 10:00 a.m. UTC+8.
The project said development of its Sui-native device was complete and it had entered manufacturing, with shipments to its first customers planned. According to the report, the Sui Foundation decided to stop supporting the project because it considered the risk of backing a hardware wallet too high after several recent hardware-wallet attacks in the industry. The report does not provide an independent assessment of those attacks or of the device.
On-chain orders account for about 80% of preorders. Suiball said it would airdrop USDC refunds within a week to wallets holding the soulbound preorder NFTs, with no action required from those users. Credit-card customers will receive an email requesting a Sui wallet address; their USDC refunds will follow in a second airdrop after addresses are collected. The project said it would formally close once all refunds are complete.