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

ME News Report, April 2nd (UTC+8), the U.S. Connecticut Federal Prosecutor’s Office announced that they have recovered and seized over $600k in cryptocurrency. Previously, a Ledger hardware wallet user was targeted by a phishing scam, where an email impersonating “Ledger Security and Compliance” tricked the user into performing a so-called security check, resulting in approximately $234k worth of crypto assets being stolen. The FBI and state police tracked the flow of funds, successfully seized about $600k in USDT, and filed a civil forfeiture lawsuit, alleging that the funds were connected to wire fraud and money laundering. It is reported that this is one of a series of phishing incidents targeting hardware wallet users, where scammers used physical mailed letters with company logos, holograms, and QR codes to increase credibility. Similar incidents have affected manufacturers like Ledger and Trezor, accompanied by data breaches and third-party service vulnerabilities, leading to ongoing phishing attacks. (Source: ChainCatcher)