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Industry exec sounds alarm on Ledger phishing letter delivered by USPS

cryptoweekly by cryptoweekly
May 24, 2025
in bitcoin, News
0

The incident reveals the ever-evolving tactics scammers employ against the crypto community and serves as a reminder to remain vigilant.

Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to “validate” their wallets or risk losing access to funds, in the latest phishing attack to impact the industry.

BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to a malicious phishing site. The letter was sent through the United States Postal Service (USPS), according to the executive.

“These are all scams do not fall for any of these,” Troy Lindsey wrote after receiving a copy of the phishing letter.

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Recent Posts
  • Bitcoin inflows projected to reach $420B in 2026 — Bitwise
  • Industry exec sounds alarm on Ledger phishing letter delivered by USPS
  • Decentralizing telecom benefits small businesses and telcos — Web3 exec
  • Wallet intelligence shapes the next crypto power shift
  • Coinbase in S&P 500: More crypto firms to come?
  • Calls to ban cash in war on drugs stirs cash-loving France
  • Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long

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