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

ME News message: On April 2 (UTC+8), the U.S. District Attorney’s Office in Connecticut announced that it had 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 carrying out a so-called “security check” after receiving a letter impersonating “Ledger Security and Compliance,” resulting in about $234,000 worth of crypto assets being stolen. The FBI and state police tracked 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, with scammers using physical mailed letters bearing corporate logos, holograms, and QR codes to increase the credibility of the scam. Similar incidents have affected manufacturers such as Ledger and Trezor, along with data leaks and vulnerabilities in third-party services, leading to ongoing phishing attacks. (Source: ChainCatcher)