|

Ledger users fall victim of phishing attack, second time in less than a week

  • Ledger users receive scam emails impersonating the cryptocurrency wallet developer.
  • The company confirmed the phishing attack and urged users to be cautious.

Some users of the hardware cryptocurrency wallet fell victim to the email phishing attack.  According to numerous reports on Twitter, people receive emails impersonating the cryptocurrency wallet manufacturer. 

The hackers refer to the security breach that allegedly happened on October 25 and affected 86,000 email addresses. They claim that users' assets are in danger due to the hack attack. To avoid losing the coins, the wallet owners are prompted to install the latest version of Ledger Live via the link embedded in the email and reset their PINs. 

The fake letters copy Ledger's styles and communication and look very convincing. However, the sender address contains a mistake – legder.com instead of ledger.com – that betrays the scam. Apart from that, hovering over the link reveals a dodgy URL, which will download malicious software once you click on it. 

Second scam attempt in a row

Notably, this is the second impersonating scam that involves Ledger. On October 19, the hackers contacted the wallet users asking to provide their seed phrases.  

The company officially confirmed the issue and said that they were investigating the incident. However, the scope of the attack has not been disclosed. Also, the Ledger urge users never to tell their mnemonic phrase to anyone and be on the alert if someone requires this information. 

The blame goes to Ledger

The company did not explain how the attackers got the email addresses of Ledger users. Still, the community members believe that the leak happened on the side of the wallet provider.

Thus, a Twitter user Andreas Tasch noted that he used the email exclusively for shopping Ledger, meaning that it could not be leaked somewhere else. He also pointed out that the company failed to notify him that his email address was compromised.

Notably, Ledger confirmed the data breach at the end of June, saying that their marketing database was hacked. The cybercriminals found a vulnerability in the API interface and stole about 1 million email addresses. However, the company stated that all affected users were duly informed of the incident. 

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Editor's Picks

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week. Muted demand for US-listed spot Solana Exchange Traded Funds, rising short positions and overheated market conditions continue to weigh on sentiment, limiting recovery attempts.

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals
Hyperliquid (HYPE) trades at $81.73 as US regulators open another route for perpetual futures, allowing contracts tied to individual stocks to trade on qualifying domestic exchanges.
Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.