Scammers Send Physical Phishing Letters to Steal Ledger Wallet Seed Phrases
Crypto wallet owners using Ledger hardware wallets are being targeted through physical mail, with scammers impersonating the company in a campaign designed to steal recovery seed phrases. The operation uses printed letters that look official, complete with Ledger branding, a reference number, and a fake security notice warning recipients about an urgent “Quantum Resistance” update.
One example of the scam circulating online shows an Italian language version addressed to a customer in Italy, suggesting the attackers are tailoring the campaign based on regional customer data. The letter claims users must complete a mandatory security upgrade for their Ledger device before a deadline or risk losing wallet functionality.
The letter includes a QR codethat routes victims to a phishing website. From there, users are asked to enter their 24-word recovery seed phrase, the single piece of information that gives full access to a crypto wallet. Once entered, attackers can immediately...
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