$BTC | CZ Issues Urgent Security Alert After Ledger Discord Hack Exposes User Data
Changpeng Zhao (CZ), former CEO of Binance, has issued a critical warning after a security breach on Ledger’s official Discord. A scammer hijacked the admin account, claiming a false security flaw and directing users to a phishing site to “verify” their recovery phrases—a dangerous trap that could lead to full wallet compromise.
Key Takeaways from CZ:
1. Never share your recovery phrase—no matter who asks.
2. Social media accounts—even official ones—can be compromised.
Ledger’s Community Manager later confirmed that a recent vulnerability may have exposed sensitive user data, including shipping info and potentially recovery phrases.
Users are advised to:
• Refrain from entering seed phrases on any unofficial site.
• Only use Ledger’s official verification tools.
• Follow steps to secure their accounts and check for compensation eligibility.
Stay safe. Double-check all links. Your security starts with awareness.
