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

ME News report: On April 2nd (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 in which the user was lured into performing a so-called security check after receiving a letter impersonating “Ledger Security and Compliance,” resulting in the theft of approximately $234,000 worth of crypto assets. The FBI and state police traced the flow of funds, successfully seized about $600,000 in USDT, and filed a civil forfeiture lawsuit, alleging that the funds’ source involved wire fraud and money laundering. It is reported that this was one of a series of phishing incidents targeting hardware wallet users, where scammers used physical mailed letters bearing company identifiers, holograms, and QR codes to increase the credibility of the scam. Similar incidents have previously affected vendors such as Ledger and Trezor, alongside data breaches and vulnerabilities in third-party services, leading to ongoing phishing attacks. (Source: ChainCatcher)