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

ME News report: On April 2 (UTC+8), the U.S. Connecticut Federal Prosecutor’s Office 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 a letter impersonating “Ledger Security and Compliance” lured the user into carrying out a so-called security check, 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 initiated civil forfeiture proceedings, alleging that the source of the funds 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 physically mailed letters bearing company insignia, holograms, and QR codes to increase the credibility of the scam. Similar incidents have affected manufacturers such as Ledger and Trezor, alongside data breaches and vulnerabilities in third-party services, leading to ongoing phishing attacks. (Source: ChainCatcher)