Phishing Scam Targets Ledger Users with Fake Emails

Crypto News Exploits

Ledger Users Beware: New Phishing Scam Mimics Support Emails

Written by Aaron S.,

Editor-In-Chief

Last Updated: December 18, 2024

Key Takeaways

Scammers impersonate Ledger support, sending fake emails to steal wallet keys via fraudulent websites;
Ledger warns users to never share their 24-word recovery phrase, emphasizing such requests are scams;
Phishing emails mimic Ledger's official address, leveraging an email marketing platform to appear legitimate.

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Ledger Users Beware: New Phishing Scam Mimics Support Emails

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Phishing scammers are actively targeting Ledger users by mimicking the company’s support emails.

These malicious emails falsely claim that Ledger experienced a "recent data breach" and urge users to secure their wallets by verifying their seed phrases.

Victims clicking on the email are redirected to a fraudulent website resembling Ledger’s official page.

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The site displays a prompt to “verify your Ledger”, falsely suggesting it will determine whether their device has been compromised.

Once users proceed, they are asked to enter their seed phrase. By obtaining this information, scammers can gain control over the victims' wallets.

On December 17, Ledger addressed the phishing scheme on X, stating that it would never request sensitive information such as a 24-word recovery phrase through any communication channel.

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.

Screenshots shared on X revealed that the emails are designed to appear as if they were sent from Ledger's official support address. Additionally, the scammers reportedly distributed the messages using an email marketing platform.

This incident follows a recent report from December 13, in which a Ledger user claimed to have lost $2.5 million in Bitcoin BTC $87,573.46 and non-fungible tokens (NFTs). How was the hack exposed? Read the full story.