Industry exec sounds alarm on Ledger phishing letter delivered by USPS

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Scammers posing as Ledger, a {hardware} pockets producer, are sending bodily letters to crypto customers instructing them to “validate” their wallets or danger shedding entry to funds, within the newest phishing assault to influence 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 by means of america Postal Service (USPS), in keeping with the manager.

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

Phishing, Crimes, Scams
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 ways of social engineering scams designed to steal crypto non-public keys, person funds, and different delicate information from unsuspecting victims.

Associated: Hackers using fake Ledger Live 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 elderly individual by means of a phishing assault, onchain detective ZackXBT confirmed in an April 30 X submit.

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

On Could 15, crypto alternate Coinbase announced it was the target of a ransom attempt after customer support contractors, who had been later fired by the company, leaked person information to menace actors.

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

No non-public keys, login credentials, or accesses to Coinbase Prime accounts had been compromised in the course of the leak, in keeping with the alternate.

TechCrunch founder Michael Arrington was extremely critical of the alternate for the safety failure, arguing that it’s going to result in physical violence against customers uncovered within the hack.

Journal: Crypto-Sec: Phishing scammer goes after Hedera users, address poisoner gets $70K