Ledger scammers are sending letters to steal your restoration part

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Ledger confirmed immediately {that a} letter claiming to be from the crypto pockets’s safety workforce is a rip-off, and warned customers to disregard it and preserve their crypto pockets restoration phrases to themselves.

The corporate was responding to crypto dealer Jacob Canfield, who shared the rip-off letter on X yesterday. Canfield claims the scammers are “sending physical letters to the @Ledger addresses database leak requesting an ‘upgrade’ due to a security risk.” 

It claims to be from Ledger’s “Security and Compliance” and asks customers to surrender their restoration phrase in response to a “critical security update.” 

“Failure to complete this mandatory validation process may result in restricted access to your wallet and funds,” the rip-off doc reads. 

Learn extra: Researcher finds knowledge harvesting inside Ledger Stay app

Ledger admits impersonation scams are “common”

In response to the submit, Ledger warned, “Scammers impersonating Ledger and Ledger representatives are unfortunately common.”

It reminded customers, “Always remember: Ledger will never call, DM, or ask for your 24-word recovery phrase. If someone does, it’s a scam. Stay cautious and keep your crypto safe.”

This isn’t the primary bodily rip-off Ledger has seen. In 2021, after struggling a leak a yr earlier, Ledger customers started receiving Ledger gadgets within the mail that have been tampered with and designed to put in malware upon use

Learn extra: Ledger dubs service ‘risk-free’ regardless of dropping tens of millions of consumer emails

This letter seems to make the most of the identical Ledger leak and has doubtless taken benefit of the stolen emails and addresses of 270,000 Ledger customers that have been revealed on-line. Ledger has additionally suffered from provide chain assaults and phishing campaigns through the years.

Nonetheless, as Canfield famous, Ledger would possibly must replace their warning to incorporate letters alongside DMs and calls. 

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