Criminals Are Stealing Cryptocurrency With Ledger Devices

As Ledger has recently become a popular target for scammers, cyber attackers are now sending fake replacement devices to Ledger customers who were exposed to a recent data breach used to steal wallets for cryptocurrencies.

After receiving a Ledger Nano X device in his email, a Ledger user shared a sneaky scam on Reddit that shows a device supplied in authentic-looking packaging with a poorly written letter explaining that the device was sent to replace the existing device after a data leak.

Although the letter was filled with grammar and spelling errors, there was a slightly convincing explanation for sending the new device, as the data of 272,835 people who had purchased a Ledger device was already published in the RaidForums hacker forum in December 2020.

For more information, read the original story in Bleeping Computer.

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Jim Is and author and pud cast host with over 40 years in technology.