U.S. Federal Prosecutors in Connecticut Recover $600k in Ledger User Phishing Scam Cryptocurrency Assets

ME News report. On April 2 (UTC+8), the U.S. Connecticut federal prosecutor’s office announced that it has recovered and seized more than $600,000 in cryptocurrency. Previously, a Ledger hardware wallet user was targeted by a phishing scam: the user was lured into carrying out a so-called security check after receiving a letter that impersonated “Ledger Security and Compliance,” which resulted in about $234,000 worth of crypto assets being stolen. The FBI and state police tracked the flow of the funds, successfully seized roughly $600,000 in USDT, and filed a civil forfeiture lawsuit, alleging that the source of the funds involved wire fraud and money laundering. It is reported that this was one of a series of phishing incidents targeting hardware wallet users. The scammers used physical mailed letters containing company branding, holograms, and QR codes to increase the credibility of the scam. Similar incidents have previously affected manufacturers such as Ledger and Trezor, along with data breaches and third-party service vulnerabilities, triggering ongoing phishing attacks. (Source: ChainCatcher)