A new and dangerous scam is targeting cryptocurrency holders, this time through the regular mail. Fraudsters are sending fake letters that appear to come from Ledger, a well-known maker of hardware wallets used to store crypto securely.
These letters are being delivered by the U.S. Postal Service and look official. They ask recipients to “validate” their Ledger wallets by scanning a QR code included in the letter. But instead of helping users, the QR code leads to a fake website designed to steal their private keys and access their funds.
Mike Belshe, CEO of BitGo, raised the alarm by sharing a photo of the phishing letter on social media. Others, like investor Troy Lindsey, also reported receiving these deceptive letters and warned the crypto community to stay alert.
This scam is particularly concerning because it combines old-fashioned mail with high-tech fraud. It shows that scammers are becoming more creative and bold in their attacks. In recent months, crypto users have faced increasing threats: including phishing attacks, data breaches, and ransom attempts.
Just last month, an elderly individual reportedly lost $330 million in Bitcoin due to a phishing scam. And Coinbase recently confirmed a customer service data leak, which led to a failed $20 million extortion attempt.
The message is clear: Crypto users must stay cautious. Never trust unsolicited messages or QR codes, especially those asking for private information. Always verify directly through the company’s official website or support team.