Criminals are mailing altered Ledger devices to steal cryptocurrency

Criminals are mailing altered Ledger devices to steal cryptocurrency
By Lawrence Abrams
June 16, 2021 05:36 PM 0
Ledger

Scammers are sending fake replacement devices to Ledger customers exposed in a recent data breach that are used to steal cryptocurrency wallets.

Ledger has been a popular target by scammers lately with rising cryptocurrency prices and the popularity of hardware wallets to secure cryptofunds.

In a post on Reddit, a Ledger user shared a devious scam after receiving what looks like a Ledger Nano X device in the mail.

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As you can see from the pictures below, the device came in an authentic looking packaging, with a poorly written letter explaining that the device was sent to replace their existing one as their customer information was leaked online on the RaidForum hacking forum.

"For this reason for security purposes, we have sent you a new device you must switch to a new device to stay safe. There is a manual inside your new box you can read that to learn how to set up your new device," read the fake letter from Ledger.

"For this reason, we have changed our device structure. We now guarantee that this kinda breach will never happen again."

Even though the letter was filled with grammatical and spelling errors, the data for 272,853 people who purchased a Ledger device was actually published on the RaidForums hacking forum in December 2020. This made for a slightly convincing explanation for the sending of the new device.