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Sunday, May 25, 2025

Trade exec sounds alarm on Ledger phishing letter delivered by USPS


Scammers posing as Ledger, a {hardware} pockets producer, are sending bodily letters to crypto customers instructing them to “validate” their wallets or threat shedding entry to funds, within the newest phishing assault to affect the business.

BitGo CEO Mike Belshe shared an image of the rip-off letter, which featured a QR code, presumably linked to a malicious phishing web site. The letter was despatched via america Postal Service (USPS), based on the manager.

“These are all scams don’t fall for any of those,” Troy Lindsey wrote after receiving a replica of the phishing letter.

A duplicate of the rip-off Phishing letter. Supply: Mike Belshe

Cointelegraph reached out to Ledger for remark however was unable to acquire a response by the point of publication.

This phishing try highlights the ever-evolving complexity and techniques of social engineering scams designed to steal crypto personal keys, consumer funds, and different delicate knowledge from unsuspecting victims.

Associated: Hackers utilizing faux Ledger Reside app to steal seed phrases and drain crypto

Coinbase and crypto customers hit onerous by phishing assaults in 2025

In April 2025, $330 million in Bitcoin (BTC) was stolen from an aged particular person via a phishing assault, onchain detective ZackXBT confirmed in an April 30 X publish.

“Two suspects within the $330 million heist embody ‘Nina/Mo’ — a Somalian who operates a name rip-off middle in Camden, UK — and an confederate ‘W0rk,’ who assisted with the positioning and name,” the onchain safety analyst stated in an replace.

On Could 15, crypto change Coinbase introduced it was the goal of a ransom try after customer support contractors, who had been later fired by the corporate, leaked consumer knowledge to risk actors.

The scammers demanded a $20 million ransom, which Coinbase refused to pay, and the stolen knowledge included names, addresses, contact data, and a restricted quantity of different delicate account knowledge belonging to a small subset of Coinbase clients.

No personal keys, login credentials, or accesses to Coinbase Prime accounts had been compromised through the leak, based on the change.

TechCrunch founder Michael Arrington was extremely important of the change for the safety failure, arguing that it’s going to result in bodily violence in opposition to clients uncovered within the hack.

Journal: Crypto-Sec: Phishing scammer goes after Hedera customers, deal with poisoner will get $70K