New Scam Threatens Crypto Wallet Users

Recently, users of hardware crypto wallets have become targets of a new type of fraud. Scammers are sending fake physical letters that appear to come from legitimate wallet providers, encouraging users to scan QR codes that lead to phishing websites.

How Does the Scam Work?

The letters often claim to be from official support teams and state that users must complete a 'verification check' or 'transaction confirmation.' When victims scan the QR code included in the mail, they are directed to a phishing site that mimics a real wallet login page and prompts them to enter their recovery phrase.

How to Protect Yourself

  • Never scan QR codes from unsolicited or suspicious mail.
  • Always verify official communication by visiting the provider’s website directly through a bookmark or known link.
  • Never enter your recovery phrase or private key on any third-party or unverified site.
  • Stay informed about the latest security alerts issued by your wallet provider.

With cyber threats becoming more sophisticated, users must remain vigilant to protect their digital assets.