Scammers are pretending to be Ledger, a hardware wallet manufacturer, and sending physical letters to crypto users, urging them to 'validate' their wallets or risk losing funds. The phishing attack, highlighted by BitGo CEO Mike Belshe, involves a scam letter with a QR code possibly linked to a malicious site. The letter was delivered via USPS. Despite warnings like Troy Lindsey's, some users have fallen victim to these scams. The evolving tactics of social engineering scams aim to steal crypto private keys and funds. Recent incidents include a $330 million Bitcoin theft through phishing and a ransom attempt on Coinbase. While no private keys or login credentials were compromised in the Coinbase leak, customer data was exposed. The security breach has raised concerns about potential physical violence against affected customers. Stay vigilant against phishing attempts targeting crypto users. Read more AI-generated news on: https://app.chaingpt.org/news

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