<ul><li>Criminals are impersonating hardware wallet firm Ledger and sending phishing emails to steal cryptocurrency.</li><li>Victims receive emails claiming their Ledger wallet seed phrase is compromised and are asked to verify it through a phishing website.</li><li>The phishing website saves and relays the entered seed phrase to the attackers, resulting in permanent loss of funds.</li><li>The phishing emails are becoming more sophisticated, but clues like email addresses and website redirects can still be red flags.</li></ul>

Fake Ledger data breach emails used to trick victims into giving up recovery phrases

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