New Ledger Phishing Scam Uses Fake Letters to Steal Recovery Phrases

Scammers are targeting Ledger wallet users with a sophisticated phishing campaign involving fraudulent physical letters posing as official company correspondence. The deceptive letters misuse Ledger’s branding, logo, and official address, urging users to provide their 24-word recovery phrases under the pretext of a “critical security update. ” The letters threaten to restrict wallet access if the instructions are not followed. Crypto Users Warned of Phishing Scam Involving Fake Ledger Letters Trader Jacob Canfield exposed the scam via a post on the X (formerly Twitter) platform, highlighting the letter’s alarming authenticity source: https://beincrypto.com/crypto-scam-targets-ledger-users/