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. District Prosecutor’s Office in Connecticut announced that it had recovered the cryptocurrency and seized more than $600,000. Previously, a Ledger hardware wallet user was targeted by a phishing scam: they were lured into performing 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 approximately $600,000 in USDT, and filed a civil forfeiture lawsuit, 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, in which scammers used physically mailed letters bearing company logos, holograms, and QR codes to increase the credibility of the scam. Similar incidents have affected manufacturers such as Ledger and Trezor, with data breaches and third-party service vulnerabilities accompanying them, leading to ongoing phishing attacks. (Source: ChainCatcher)