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CZ on Ledger Discord Scam: Social Media Is Crypto Firms’ Weakest Link


by Abdulkarim Abdulwahab
for CoinEdition

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Ledger Discord phishing scam alert; Binance founder CZ warning on crypto social media security, recovery phrase safety
  • CZ alerts users after a phishing scam targeted Ledger’s Discord community.
  • Ledger confirms a contractor moderator’s account was compromised, not the platform itself.
  • CZ reminds users never to share recovery phrases, no matter who’s asking.

Binance founder Changpeng Zhao (CZ) has warned crypto users after a phishing scam targeted Ledger’s Discord community. The phishing attack involved a compromised contractor’s account and, importantly, did not result from a breach of Ledger’s systems. 

Ledger has since confirmed the message was fake and part of a sophisticated social engineering attack, a common crypto phishing attack vector.

Fake Vulnerability Alert Used in Ledger Discord Phishing Attempt

The phishing attempt involved a fraudulent message posted on Ledger’s Discord server. It falsely claimed there had been a critical vulnerability in Ledger’s security systems that may have exposed user data. This includes 24-word recovery phrases, shipping details, and transaction history. 

Related: Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features

The fake message directed users to a phishing website disguised…

The post CZ on Ledger Discord Scam: Social Media Is Crypto Firms’ Weakest Link appeared first on Coin Edition.

Read the article at CoinEdition

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$ 0.280

+0.18%

$ 0.0129

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$ 0.00...361

$ 0.0000195


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CZ on Ledger Discord Scam: Social Media Is Crypto Firms’ Weakest Link


by Abdulkarim Abdulwahab
for CoinEdition

Share:

Ledger Discord phishing scam alert; Binance founder CZ warning on crypto social media security, recovery phrase safety
  • CZ alerts users after a phishing scam targeted Ledger’s Discord community.
  • Ledger confirms a contractor moderator’s account was compromised, not the platform itself.
  • CZ reminds users never to share recovery phrases, no matter who’s asking.

Binance founder Changpeng Zhao (CZ) has warned crypto users after a phishing scam targeted Ledger’s Discord community. The phishing attack involved a compromised contractor’s account and, importantly, did not result from a breach of Ledger’s systems. 

Ledger has since confirmed the message was fake and part of a sophisticated social engineering attack, a common crypto phishing attack vector.

Fake Vulnerability Alert Used in Ledger Discord Phishing Attempt

The phishing attempt involved a fraudulent message posted on Ledger’s Discord server. It falsely claimed there had been a critical vulnerability in Ledger’s security systems that may have exposed user data. This includes 24-word recovery phrases, shipping details, and transaction history. 

Related: Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features

The fake message directed users to a phishing website disguised…

The post CZ on Ledger Discord Scam: Social Media Is Crypto Firms’ Weakest Link appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.280

+0.18%

$ 0.0129

-2.88%

$ 0.00...361

$ 0.0000195


Share:

In This News

Coins

$ 0.280

+0.18%

$ 0.0129

-2.88%

$ 0.00...361

$ 0.0000195


Share:

Read More

Changpeng Zhao’s Crucial Mission: Talks with 10 Governments on Crypto Regulation

Changpeng Zhao’s Crucial Mission: Talks with 10 Governments on Crypto Regulation

BitcoinWorld Changpeng Zhao’s Crucial Mission: Talks with 10 Governments on Crypto R...
SHIB Whale Shakes Market: 17% Holder Deposits $3.48M to OKX

SHIB Whale Shakes Market: 17% Holder Deposits $3.48M to OKX

BitcoinWorld SHIB Whale Shakes Market: 17% Holder Deposits $3.48M to OKX A seismic s...