🚨 The Fake Ledger That Stole Everything
(1/8)
James* thought he was safe. He used a Ledger hardware wallet, kept his 24 words private, and followed every crypto security tip out there.
Then one day… a package arrived.
🧵👇
(1/8)
James* thought he was safe. He used a Ledger hardware wallet, kept his 24 words private, and followed every crypto security tip out there.
Then one day… a package arrived.
🧵👇
(2/8)
✅ It looked legit.
✅The box had the Ledger logo.
✅The device looked real.
Even the letter inside seemed official, explaining this was a “replacement device” after a security breach.
But James had no idea:
🤯 This was the beginning of a sophisticated scam.
✅ It looked legit.
✅The box had the Ledger logo.
✅The device looked real.
Even the letter inside seemed official, explaining this was a “replacement device” after a security breach.
But James had no idea:
🤯 This was the beginning of a sophisticated scam.
(3/8)
The letter said:
“Your old device is compromised. Set up this new one and enter your recovery phrase to secure your assets.”
James hesitated.
But the letter used real breach data - his name, address… even his email.
So he followed the instructions.
The letter said:
“Your old device is compromised. Set up this new one and enter your recovery phrase to secure your assets.”
James hesitated.
But the letter used real breach data - his name, address… even his email.
So he followed the instructions.
(4/8)
🔌 He plugged in the “new” Ledger.
🔎 It looked just like his old one.
He entered his 24-word phrase into the app it told him to download.
😰That was the moment he lost everything.
🔌 He plugged in the “new” Ledger.
🔎 It looked just like his old one.
He entered his 24-word phrase into the app it told him to download.
😰That was the moment he lost everything.
(5/8)
⏱️ Within minutes, his wallet was emptied.
⚠️ BTC, ETH, NFTs — gone.
🚩 The device was a counterfeit.
Modified with malware to steal phrases and drain wallets ☠️
⏱️ Within minutes, his wallet was emptied.
⚠️ BTC, ETH, NFTs — gone.
🚩 The device was a counterfeit.
Modified with malware to steal phrases and drain wallets ☠️
(6/8)
Scammers have been exploiting real victims from the 2020 Ledger data breach, a leak that exposed over 270,000 customer addresses.
😓 These scams have happened.
🫣 They may not be common now,
💀 …but the threat hasn’t gone away.
Scammers have been exploiting real victims from the 2020 Ledger data breach, a leak that exposed over 270,000 customer addresses.
😓 These scams have happened.
🫣 They may not be common now,
💀 …but the threat hasn’t gone away.
(7/8)
The golden rules of crypto security:
🚫 Ledger will never ask for your recovery phrase.
🚫 Never enter it into a new device you didn’t order.
The golden rules of crypto security:
🚫 Ledger will never ask for your recovery phrase.
🚫 Never enter it into a new device you didn’t order.
(8/8)
😥 James’ story is a painful warning.
👉 And he’s not alone.
We break down the full scam and how to protect yourself in our latest “Scam-a-Day” series:
🔗 Read the full breakdown 🗞️⬇️:
Stay paranoid. Stay safe.
* Name switchedintelligenceonchain.com/news/f/%F0%9F%…
😥 James’ story is a painful warning.
👉 And he’s not alone.
We break down the full scam and how to protect yourself in our latest “Scam-a-Day” series:
🔗 Read the full breakdown 🗞️⬇️:
Stay paranoid. Stay safe.
* Name switchedintelligenceonchain.com/news/f/%F0%9F%…
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