Security News > 2021 > June > Scammers mail fake Ledger devices to steal your cryptocurrency

Scammers mail fake Ledger devices to steal your cryptocurrency
2021-06-16 21:36

Scammers are sending fake replacement devices to Ledger customers exposed in a recent data breach that are used to steal cryptocurrency wallets.

Ledger has been a popular target by scammers lately with rising cryptocurrency prices and the popularity of hardware wallets to secure cryptofunds.

In a post on Reddit, a Ledger user shared a devious scam after receiving what looks like a Ledger Nano X device in the mail.

As always, Ledger recovery phrases should never be shared with anyone and should only be entered directly on the Ledger device you are trying to recover.

In 2018, security researchers illustrated various methods that could be used to compromise hardware cryptocurrency wallets, including the Trezor One, Ledger Nano S, and Ledger Blue devices.

Ledger owners began receiving numerous phishing emails pointing them to fake Ledger applications designed to trick them into entering their wallet's recovery phrases.


News URL

https://www.bleepingcomputer.com/news/cryptocurrency/scammers-mail-fake-ledger-devices-to-steal-your-cryptocurrency/