Beware the New Crypto Scam: Scammers Write Letters Now? Seriously?

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Ah, what a surprise! Another fraud attempt in the ever-bustling world of cryptocurrency! Ledger, the great purveyor of hardware wallets for crypto enthusiasts, has alerted their loyal users to a new scam—one that’s as old as time but now involves a rather “official-looking” letter. How charming!

Jacob Canfield, a crypto influencer and trader (who has apparently seen it all), took to X (you might know it as Twitter) to share his discovery. He posted a photocopy of the letter that scammers are sending to unsuspecting users, calling it the “new meta scam” (because what’s more fun than adding a bit of jargon to fraud?). And of course, he tagged Ledger to make sure they were aware—because, you know, it’s not like Ledger’s own customers might clue in first. 🙄

Breaking: New scam meta launched. Now they’re sending physical letters to the @Ledger addresses database leak requesting an ‘upgrade’ due to a security risk.

Be very cautious and warn any friends or family that you know is in crypto and is not that savvy.

— Jacob Canfield (@JacobCanfield) April 28, 2025

In this grand new scam, the dastardly fraudsters are impersonating Ledger representatives. They send out fake letters that look all official, complete with Ledger branding (because branding is everything, right?). These letters ask victims to perform a “mandatory wallet validation” by scanning a QR code and entering their precious 24-word recovery phrase. Oh, what could go wrong? 😏

Ledger, bless their hearts, confirmed the scam on X (thank goodness they’re always so timely). They reminded users that they will never, ever ask for a 24-word recovery phrase—so if anyone asks, it’s clearly a scam. In case you missed it, stay cautious and protect your crypto, people. It’s not just a wallet, it’s your livelihood!

You are correct, this is a scam. We appreciate your efforts to warn others. Please stay vigilant against phishing attempts. Scammers impersonating Ledger and Ledger representatives are unfortunately common. While we actively report and block scammers, we can’t control what…

— Ledger (@Ledger) April 29, 2025

Sources have mentioned that these scammers might be making use of information leaked during the infamous 2020 Ledger data breach. Ah, the plot thickens! Back then, a hacking forum exposed the personal details of over 273,000 clients—names, emails, phone numbers, and even addresses. Lovely, isn’t it? But, to no one’s surprise, Ledger has yet to confirm whether this scam is directly related to that breach. Suspense, suspense…

Nonetheless, Ledger reassures its users, reminding them that user safety is their number one concern. Because, of course, it’s the “highest standards of security” that keep the crypto world spinning. (Wouldn’t it be great if they could just send us all a magical shield to ward off scams?) 🛡️

So, once again, a word to the wise: be wary of anyone asking for personal information, especially in this chaotic crypto world. From pump-and-dump schemes to fraudulent letters, it’s a jungle out there. Always double-check the source before you share anything or make a transaction. Trust no one! 😬

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2025-04-30 16:13