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