The scammers who pass through Ledger, a hardware wallet manufacturer, send physical letters to cryptography users that indicate that they “validate” their wallets or risk losing access to the funds, in the last phishing attack to impact the industry.
The CEO of Bitgo, Mike Belshe, shared an image of the scam letter, which presented a QR code, presumably linked to a malicious phishing site. The letter was sent through the United States Postal Service (USPS), according to the Executive.
“These scams do not fall in love with any of these,” Troy Lindsey wrote after receiving a copy of the Phishing letter.
Cointelegraph contacted Ledger to comment, but could not get an answer for the time of publication.
This attempt at Phishing highlights the complexity and tactics in constant evolution of social engineering scams designed to steal cryptographic private keys, user funds and other confidential data of unveiled victims.
Related: Hackers who use a false live live application to steal seed phrases and drain cryptography
Coinbase and Crypto users hit a lot for Phishing attacks in 2025
In April 2025, $ 330 million were stolen in Bitcoin (BTC) of an elderly individual through a Phishing attack, confirmed the Ochain Zackxbt detective in a position on April 30.
“Two suspects in the robbery of $ 330 million include ‘Nina/Mo’, a somali that operates a center of call scams in Camden, the United Kingdom, and an accomplice ‘W0rk’, who helped with the site and called,” said Ochain security analyst in an update.
https://www.youtube.com/watch?v=S0u1niwnzmi
On May 15, Crypto Exchange Coinbase announced that it was the goal of a rescue attempt after customer service contractors, which were later fired by the company, leaked user data to threat actors.
The scammers demanded a rescue of $ 20 million, which Coinbase refused to pay, and the stolen data included names, addresses, contact information and a limited amount of other confidential account data that belong to a small subset of coinbase customers.
According to the exchange, private keys did not compromise, login credentials or access to Coinbase Prime accounts during escape.
The founder of TechCrunch, Michael Arrington, was very critical of the exchange for the failure of security, arguing that he will lead to physical violence against customers exposed in the Hack.
Magazine: Crypto-SEC: Phishing Scammer Pursues Hedera users, address poisoner gets $ 70k
