ARK Invest CEO Cathie Wood believes that crypto ETFs will remain popular despite the growth of crypto wallets. The industry faces a new phishing scam involving physical letters impersonating Ledger. Meanwhile, a judge has overturned fraud convictions against Mango Markets exploiter Avraham Eisenberg. Wood expressed that ETFs provide convenience for consumers who find wallets complex. BitGo CEO Mike Belshe confirmed a phishing letter sent via USPS instructing recipients to validate their wallets. The incident highlights the need for enhanced security measures in the crypto community. Additionally, a US federal judge ruled that Eisenberg's convictions for fraud and manipulation lacked sufficient evidence. Eisenberg was previously convicted for manipulating the price of Mango's MNGO token to withdraw $110 million in crypto assets. The industry continues to face evolving challenges, emphasizing the importance of vigilance and security measures. Read more AI-generated news on: https://app.chaingpt.org/news