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

ME News report: On April 2 (UTC+8), the Office of the Federal Prosecutor for the U.S. state of Connecticut announced that it had recovered and seized more than $600k in cryptocurrency. Previously, a Ledger hardware wallet user fell victim to a phishing scam in which a letter impersonating “Ledger Security and Compliance” lured the user into carrying out a so-called security check, resulting in the theft of approximately $234k worth of crypto assets. The FBI and state police traced the movement of the funds, successfully seized about $600k in USDT, and filed a civil forfeiture lawsuit, alleging that the funds were connected to wire fraud and money laundering. It is reported that this was one of a series of phishing incidents targeting hardware wallet users, where scammers use physical mailed letters featuring company branding, holograms, and QR codes to increase the credibility of the fraud. Similar incidents have affected manufacturers such as Ledger and Trezor, along with data leaks and vulnerabilities in third-party services, leading to ongoing phishing attacks. (Source: ChainCatcher)