Scammers send fake Ledger letters in latest crypto phishing scheme

Scammers are using traditional mail to send fake Ledger letters, misleading crypto users into validating their wallets to steal private keys. This evolving strategy marks a shift towards physical phishing methods, with notable warnings from industry leaders.

The rise in phishing attacks, including a recent $330 million Bitcoin theft, highlights an urgent need for improved security measures in the crypto space. Users must remain vigilant against sophisticated scams leveraging both mail and digital strategies.

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