Cryptocurrency Wallet Provider Ledger Warns Users About Phishing Attempts Through Mailed Fraudulent Correspondence
WATCH OUT: New Phishing Scam Targeting Ledger Wallet Users
Yikes! Scammers are on the prowl, and this time, they've set their sights on Ledger users. In a dreadful twist, these crooks have started sending phony 'security update' letters that look like the real deal. Don't get caught off guard!
Straight from the horse's mouth, Ledger confirms that these letters are bogus. And what's even more alarming? Scammers have used the details exposed during the 2020 Ledger data breach to craft these fraudulent missives.
So, here's the lowdown on how these devious scammers operate:
- Modus Operandi: Impersonating Ledger, these criminals dispatch letters sporting the company's logo and address, making them look legit.
- Action Demanded: The letters command users to scan a QR code and divulge their recovery phrases, supposedly to validate their devices.
- Exploited Info: These scams hinge on sensitive data from the 2020 Ledger data breach, which divulged over 270,000 users' physical addresses and personal info[1][2].
Ledger cautions its customers to exercise caution. Here's what they advise:
- Authentic Communications: Verify official updates only through Ledger's website or app.
- Recovery Phrase Secrets: Lock your recovery phrase in a vault – never share it with a soul.
- Mail Caution: Treat unsolicited letters asking for sensitive info with suspicion.
- Suspicious Incidents: Report presumed fishy letters to Ledger support pronto.
Stay Safe Out There!
In essence, Ledger users must stay sharp, stick to official communication channels, and hold their recovery phrases dear.
Don't miss out on the latest - Subscribe to our newsletter!
Categories: Crypto Scams, Blockchain, Ledger Wallet
[1]: Crypto App Developers Exposed 4.5 Million Crypto Transactions, Learn How You Can Be Vigilant[2]: Zero Knowledge Proofs: Understanding This Privacy-Focused Technology and Its Potential Impact[3]: How to Secure Your Crypto Wallet: A Comprehensive Guide to Protecting Your Digital Assets[4]: Ledger Hardware Wallet: Review, Features, and Tips for Safe Crypto Storage[5]: Ledger vs Trezor: A Comparative Analysis of Security, Features, and Usability of Two Popular Crypto Hardware WalletsDisclaimer: Opinions expressed here are not investment advice. Always thoroughly research before making high-risk crypto investments. We may participate in affiliate marketing.
Images: Ledger Wallet, Phishing Scam, Crypto Safety Tips
- Be wary of phishing scams targeting Ledger wallet users, particularly those that arrive as 'security update' letters and demand QR code scanning and recovery phrase disclosure.
- Legitimate communication from Ledger can only be verified through their website or app, not unsolicited letters seeking sensitive information.
- In the light of the 2020 Ledger data breach, which exposed over 270,000 users' data, users must lock their recovery phrases in a vault and never share them with anyone.
- Consider subscribing to updates on crypto scams, blockchain, and Ledger wallet to stay informed about the latest developments in technology and finance.
- Users are advised to report suspected phishing letters immediately to Ledger support to ensure the security of their cryptocurrencies, including altcoins like Ethereum, and their personal information.


