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Fraudulent Letters Target Crypto Owners: Ledger's Warning

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by Giorgi Kostiuk

9 hours ago


Recently, cryptocurrency owners have fallen victim to a new scam, prompting a response from Ledger.

Ledger’s Reaction to the Scam

Ledger stated that fraudsters are sending fake physical letters, posing as official requests to verify wallet security. They emphasized that such letters are not associated with the company and urged users to exercise extreme caution.

Reasons to Be Alert

Vigilance is crucial as these letters employ carefully chosen wording to instill a false sense of urgency. They differ greatly from Ledger's usual communication style. By manipulating trust, the scammers aim to convince users to take actions they believe are necessary for security.

User Recommendations

Ledger advises users to adhere to the following recommendations: * Never share recovery phrases. * Verify the authenticity of communications before taking action. * Stay informed about ongoing scams and security threats. * Use only official support channels for any Ledger-related inquiries. Maintaining vigilance and awareness of new threats is vital for protecting users' assets.

Vigilance and user education are key in preventing fraud. Following security recommendations will help maintain trust in cryptocurrency solutions.

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