Ledger Warns Users of Phishing Letters As Scammers Target Crypto Wallets

Ledger has issued a warning about fraudulent physical letters being sent to customers, claiming they need to validate their wallets for security. The company assures users that it will never ask for recovery phrases and advises against engaging with suspected scam accounts. They underscore the importance of following official channels for support.

In a recent alert, crypto hardware wallet provider Ledger has warned users about a new phishing scheme targeting them. Reports indicate that scammers are now sending physical letters to customers, asking them to validate their wallets for security reasons. The company shared insights about this issue via a post on social media platform X, urging customers to remain cautious and aware.

The fraudulent letters supposedly inform recipients that their immediate action is required to secure their wallets. A message from one of the scam letters, shared by cryptotrader Jacob Canfield, reads: “We are contacting you regarding a critical security update that requires your immediate attention.” The scammers instruct users to visit a link where they can supposedly enter their recovery phrase, misleadingly suggesting that it’s a secure method.

Ledger quickly clarified that this letter is indeed a scam. They emphasized that such tactics, where imposters present themselves as Ledger representatives, are quite common. The company has taken steps to report and block these scammers, but, unfortunately, they cannot control who uses their branding on X or in other communications.

Importantly, Ledger reminded users it will never request their 24-word recovery phrase for any reason, stressing that any such request is a clear indicator of a scam. In a further effort to protect customers, they strongly advised against interacting with any accounts claiming to be affiliated with Ledger, particularly those offering fund recovery assistance. The official support team remains the safest option for any help.

To stay updated and receive legitimate information, Ledger encourages users to follow their verified channels on X, Facebook, and Telegram. They also reminded everyone to remain vigilant, especially in the volatile world of cryptocurrency where these scams are increasingly sophisticated and prevalent.