Data Breach of Hardware Wallet Firm Ledger took Another Turn

June 22, 2021


The 2020 data leak of Ledger, a hardware wallet firm has taken another turn. Scammers are delivering fake hardware wallets to users whose data was collected through third-party data breach. Also, these face wallets contain hardware designed to steal the person’s cryptographic money. It is a powerful scam. 


Initially appearing in May, the scammers went to the extent of welding the additional hardware to the housing of a Ledger Nano wallet and covering it in a ledger container. However, the latest iteration adds the extra façade of a sealed bag with Ledger’s name on it, and even shrink wrapping the box to make it look like it was never opened on the first place. 


The firm stated in a Ledger blog on Thursday while explaining the scam that the box incorporates a fake letter stating the requirement to replace the existing hardware wallet to secure your funds, which is a scam. Also, Ledger Nano is fake.


A glimmer drive with a fake Ledger application is associated with the circuit board and directions encased with the gadget advise the beneficiary to connect the wallet and run the malignant document. To instate the gadget, the client is then requested their 24-word recuperation state. That expression could then be utilized to create the wallet’s private keys, allowing the scammer to import a wallet and access the assets. 


This is only the most recent volley in a barrage of tricks and phishing endeavors looked by Ledger clients whose information was undermined in last year’s data breach. Casualties have confronted everything from phishing messages to even dangers of home attack. The scene shows the falling outcomes that can occur because of information branches, especially if a trickster has the opportunity, inventiveness, and binding capacity to exploit it.


Exclusively hand curated news, written precisely in short by our editors for a 60 seconds read! We understand that reading multiple news from various resources could be monotonous, time consuming and less interesting. At Dcryptonews, you will experience a new style of reading news with smart keyword, ease of language that is easy to read for a quick news grasp.


Leave a Reply

Your email address will not be published. Required fields are marked *